Hi @Monique Rene Coates.I'm not sure I understand...Are you saying: 1) You had a mutual understanding with someone that you'd be paid a set fee for referring a buyer to them; 2) You then referred such a buyer to them; 3) They subsequently closed on a transaction with this buyer;  and, 4) They then reneged on the verbal agreement and paid you no fee?

Section D1-4.1, Information Relating to Transfers of Ownership Applicable to All Mortgage LoansD1-4.1-01, Determining Whether a Transfer of Ownership Is Permitted (11/12/2014)[...]D1-4.1-02, Allowable Exemptions Due to the Type of TransferA transfer of the property [...] to [...] a limited liability company (LLC), provided that: the mortgage loan was purchased or scuritized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.

@Joel Arndt and @Frankie Woods - Feel free to DM me and I can send over the slides showing the case study that we put together on Flo's property.

This new home has a play set with a slide.

You are not likely to find the startiing bid or subsequent bids at all.

Having done 75 buy-sell deals 2003 thru 2010 and subsequently losing my entire portfolio 2008 thru 2013, I've been clawing my way back from a position of no cash whatsoever and remain deeply entrenched in the 'turnaround' via being a painting contractor, flipping the odd house here and there, and as an agent with Keller Williams (focused mostly on higher-end mountain properties).

What can I do to ensure that when I do get my first property it puts me in a better position to buy subsequent properties?

"Indoor/outdoor living" is the concept of putting in a huge sliding glass door (the size of a whole wall), for instance, that would, when open, combine a backyard and living room into one free flowing state.

Or I could do a sliding wooden wall /doors between the bedroom and living room for some privacy, like in smaller Hawaiian type timeshares.The upstairs apartments are 2 bed, one downstairs is 2 bed, one is 1 bed.For me its a buy and hold/rental income property.Thoughts? 

He also raised concerns about possible increases in the interest rates on subsequent loans.