6 months of listening to the BiggerPockets podcast, and an emphasis on FHA low down financing for first time buyers made alot of sense to me and before I had a chance to get my ducks in a row and have this type of financing set up, this deal came across my email on a HomePath first look notification.

6 months of listening to the BiggerPockets podcast, and an emphasis on FHA low down financing for first time buyers made alot of sense to me and before I had a chance to get my ducks in a row and have this type of financing set up, this deal came across my email on a HomePath first look notification.

They said I violated the "highest and best use" statement in the PSA by not hiring an attorney as well as by communicating with the tenant's attorney and that the buyer's now have a right to sue me.Spoke with the buyers yesterday and it turns out they had no idea any of this was going on despite me telling the agents throughout the past two months to please inform the buyers in detail as to what is going on.At this point I don't trust the agents as it seems they are wanting to do what's best for them and not me (this is a very well established, global firm) and I also feel as if they are pressuring the buyers and their attorney to go after me if the deal doesn't go through. 

And as I told her at the time, "worst case scenario is prices hold where they are, it's not like the prices are going to go UP with a global pandemic". 

I recommend a Post Compliance Assessment Determination (PCAD) every 5 years or so.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

Pair that with the complexity and infinite moving parts of a global economy, no one really knows what they’re talking about.

REVA Global is who we use.

Emphasis on "unlikely". 

Hi @Andrew Spinelli, have you prequalified for a LLC loan based on credit and potential debt service of the subject property or looking to purchase in the personal name and looking at your global debt service?

You should look into REVA Global.