Sometimes when placing an offer --  the POS is not yet available - and when you place an offer you can make your offer contingent upon approval of these items... although in order to have a competitive offer in this seller's market you are basically forced to "assume" the pos violations once they become available (usually 2-3 weeks after it's been ordered) -- you should be able to tell if anything more serious might come up on the POS via your own personal inspection. 

:Oh, so, you mean like say, get a person to transfer deed into your name on property while retaining there mortgage acquired under there name, there credit, there income, but now doing things in a manner to convey the benefits of said mortgage financing unto yourself who financing party never approved, reassigned to, or even has knowledge of.......

I want to create a GMB profile for a market I invest in, but I don’t have a physical office address in that state.I’ve been looking into virtual address services like iPostal1, but I’m concerned it won’t be approved by Google since they seem to have strict rules about virtual or P.O. box-style addresses.

Hey @Christopher Morris,I piggyback on some of the others, but I'd connect with a referred lender ASAP to go over your options/budget/pre-approval.

If you believe you will be financially ready to build a year from now, perhaps you enter into a lengthier contract where you can obtain all of your building approvals and then settle at a later date.

I also have this same question about a Multifamily deal we have where we will need to purchase land before approvals.. you’d think being in this as deep as we are we’d know this answer but, it’s actually proven to be a pretty difficult thing for me to come across even with speaking to several people in the industry.. my own mother is 32 year lender.

Aka they could get approved for the median price home today at 7% rates. 2.

Do you have your finances in order now and a pre-approval so you know what price point you should be targeting?

I know if I were to send an operating agreement to a lender that reads "LP member will receive return of their capital and 20% annualized return" they would not approve the loan.

This restriction limits the number of homes we can build and impacts affordability.If we were approved to develop more 40-50 ft lots, we could build more units and provide a more affordable product.