Is that still true even the roof was torn and impacted the service?

Good luck"will ding their credit", is that always true?

It is very intriguing to me but sounds to good to be true.

I am not a CPA, but I'm fairly sure that is not universally true.

The same is true here.

After 18 months of living on the beach the kids really wanted trees and a true back yard, so we moved a few miles to the bay and converted the VA loan property to a STR. 

Its simply not feasible to run title on everything that you want to bid on if your out west.the reason is you can look at 50 props you like and only 1 maybe 2 will actually go to sale and you have competition on those.. now i am talking TRUE foreclosure sales not Auction after the fact.

This might also be true even after you move out and put a renter in your unit, so make sure to analyze the property as owner-occupied and also after you move out. 

Ignatius,  I talk with investors every day and there is one things that I know is true about all.  

I have called 20 banks and no one does a 1st lien on investment properties except 1 stated they would if owner occupied.During the research I read a website, which stated that 1st lien HELOCS on non-occupied are illegal and not allowed by Federal Law.Anyone know if this is true?