With Dodd-frank I would think would be very regulated and restricted but then again I see note investors buying performing and non performing notes and modifying themIs there a difference between creating a note and modifying an existing, especially when you are not the current owner and selling / transferring the property ?

Finding her (actually sought her out) and talking with her cemented in my mind there are legal ways to accomplish wholesaling and some Title Agents like her know the correct ways as well as newest restrictions.  

@Amber BarrettCommercial leases have far fewer restrictions than residential leases - essentially basic contract law.   

@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to  the lender(s).Dunno if that helps...

How can I get around a deed restriction on a short sale?

My question regarding condos is: does anyone know which subdivisions/communities have fairly healthy associations as far as reserves, not too many rental restrictions, etc?

You can expect them to put a deed restriction on the flip, usually 60 days. 

In California, frequently the city will pass laws that are even more restrictive than the state.

mark gallagar I wouldn't expect anything less from someone who is representing the bank.but fnme are the worst.starting at ridiculous high prices.following with 30 days deed restrictions in reselling then 90 days cannot resell for more than 120% of the purchase price. . and I can go on and on.. so by saying they are investors friendly I guess you mean they are friendly to the bank investors but definitely not to us - the real estate investors.. happy investing my friend :) 

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