The mortgage companies usually only require one year.

I just used cash to build my first 3 specs no loans at all.. once done and sold then I went to lima got one loan from them.. then went to local bank ( much much cheaper) and got a 3 mil  guidance line and went on to build 30 or so in charleston.. you have to prove the model.. its not like buying a rental where lenders look strongly at your fico  fico is required but not the main consideration like and investor loan and all you need is 20% down or 30% down and a few bucks in reserve that wont fly with spec loans..

If the owner does not meet that residency requirement, another human being must be identified as the local agent in charge.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

In terms of selling a property, parts of Cleveland require a POS (Point of Sale) Inpsection, but I'm not too familiar with what all that entails.

One thing though is that there are requirements coming into effect soon where wholesalers will need to get their license in PA for any properties that they wholesale, so you might want to look into that before it becomes official!  

First off, all high skill requiring items let's remove those.

It is not something that you can access immediately, like same day.It usually requires 2 Business days to process loan request.

If a bank does this, they have no flexibility in their lending and must meet Fannie Mae's and Freddie Mac's requirements in each loan.

., longer-term, amortized, require escrow, commonly modified b/c of prepayments, etc.)?