See below for general rule of thumb.1.

In this case, since you're denying based on your own research (court records), this may not apply, but it’s good to stay familiar with these rules.4.

And, a friend and I host two BP meetups here in Asheville, one on the evening of the third Wednesday and one on the morning of the fourth Wednesday.

For example, if an HOA establishes a rule regarding exterior paint covers, deed restriction enforcement would be with that HOA.It is important to be aware that liability for breaking a covenant rests with the titleholder to the property, even if that individual is not the one who technically engaged in the deed restriction violations.

Nearly all of our clients start out with Rule 506(b) offerings.

Hi Alex,You're correct about the 2 out of 5 year rule.

Lenders may have subsets of rules or guidelines for areas that have very high default rates such as increased min property values or experience being required, but other than LTV's going down for a while by 5% in late 2022 I haven't seen anything crazy.

How are we seeing this rule change play out in practice?

My out-of-state clients love it here because they can still find deals that are cash flowing and hit the 1% rule.

My out-of-state clients (most of them from California) are successfully purchasing rentals here that meet the 1% rule and have steady cash flow.