You don't want your purchasing power limited by someone having learned a guideline 20 years ago that has since become obsolete and supplanted by current FNMA guidelines. 

Bringing the experienced builder to the table would seem sufficient if you were in a position to bring the cash to the table without partners (that may not be the case here).After all, you are just supplanting your JV partners cash for personal cash-- it would seem this would not reduce lender comfort.

In 2005 and 2006, the private sector securitized almost two thirds of all U.S. mortgages, supplanting Fannie and Freddie, according to a number of specialty publications that track this data.Joe Nocera called out perennial FCIC member (and long time AEI GSE analyst) Peter Wallison, about inconsistent narrative about Fannie and Freddie:Wallison had previously complained that GSE s were being bypassed by private lenders in the subprime area.

If Best Buy can remain competitive in price with Amazon, for example, it is easier to buy the TV there and return it if you don't like it than the alternative.No question online sales has supplanted some traditional retail sales, but that may simply be "creaming the crop" rather than reducing the overall pie. 

My short term goals are to complete my first deal this summer and supplant my job with real estate with a long term goal of being debt free after college.

Currently looking to buy my first home, but would like to one day own a few income properties to either supplement or supplant my current income.

My goal is to build a large enough stream of passive income to supplant my salary.I enjoy working out, playing sports, the outdoors, and visiting Miami Beach as many times as i can!

I was wondering what the BP community thinks and what they would advise.My current goal is to get as quickly as possible to ~25 single homes (which is predominant in my market, not a lot of multifamily homes currently in the market) that I hold and rent, as the profit from this would be enough to supplant my current salary, allowing me to go full time into real estate.

., THAT is the quickest way to invite squatters, as well is the joyous individuals who will rip out all of your copper to supplant their crack habit.Go guerilla and do Craigslist and DONT put the address.YMMV,Tevis

The SSCRA was supplanted by the the SCRA (Servicemembers Civil Relief Act) in 2003 and has been updated several times since in an effort to stay ahead of the banks, businesses, and landlords that continually try to circumvent it.