Yes, u must be self-employed and no full time employees spouse excluded.

By the way, in your blog example:the $100k easy exit, $17k fixed costs, $18k rehab costs, and $50k max offer equates to 68% of exit value (damn close to the 70% rule.That number was arrived by taking the max offer in the example of $50k, adding in rehab costs of $18k which comes to an all-in price (excluding fixed costs) of $68k. 68 divided by 100 is of course 68%.

You can have a meeting with all homeonwers that can be private and exclude the baord, this is not a HOA meeting, it's just a neighborhood party!

Look at plot map and ask them about topo survey -- that will have countors --then look at creeks and valleys - stay away at least 25 feet above creek water line - or flood lines - county also have flood maps- Also- for everyone - Flood Insuracne is a ripoff- My house - in Stone Mountain ( Atlanta suburb ) Georgia -I lived for ten years and no insurance required- then I got a notice and had to buy flood insurance for $2600 per year premium-- Problem is they do not exclude land - Mortagge Company - Lender - wanted full appraisal value for insurance. even though mortagge is only 80% appraisal and land will not damage -- also eleveation certificate shows my house entrance is above flood level but crawl space is below --and i had to buy insurance.

I have had income from our mother-in-law excluded and counted even though we have been landlords for many years.

I think technically they would be excluded properties on that Buyers Agency Agreement.

The law also excludes non-profits that deal in these activities.

Application fees along with other upfront fees collected at Application such as appraisal fees, etc and excluding credit report fees can be refunded provided a notice is given from the potential borrower to the mortgage company within three days.

I thought it was worth passing along.Nine Facts about Mortgage Debt Forgiveness If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income.

The 15% would cover all expenses excluding the loan price.