Steve --Similarly I was looking toward making all-cash offers on REOs using a HELOC on another investment property I have, then rolling into permanent financing after fix-up and tenant lease in place.I haven't done this before and was looking for some guidance on the financing ins/outs of the cash-to-refi approach, seasoning periods to be concerned about, minimizing closing costs from transacting twice (title work comes to mind).

Want to let you know that I'm not permanently leaving the building.

@Financexaminer, Can you really be severed from doing business with HUD permanently?

Or one can own it and grant a permanent easement to the other.

Its not the cheapest approach, since you're going to pay high money costs and then the cost to refinance into a permanent loan at a reasonable rate.

You see the problem with investing in a market like Detroit is that the decline in the job market may be permanent.

I am a college student looking for a place to live permanently until I finish up my last few years of college.

If the restrictions are practically permanent then the land is useless and so would be the value of the land.

Without knowing the material, I cannot say what reactions are actually occurring, and whether or not these are permanent, or could be reversed under some circumstances.

So my work history is not long and an internship is not permanent.