The civil penalty shall be no less than $500 and no more than $5,000 for each offense.

@Greg Horn  Greg please take no offense but you really need to bone up on this stuffYOu own the house.. you bought it sub too.if you want to owner occ it.. do as @Rocky V. suggested simply deed it to yourself and refinance it.. you could probably ( as long as you qualify) get an 80% LTV loan with no pmi.. and there ya go. 

This means the process is a lot less stringent (based on personal financial statement, debt coverage ratios (subject property DCR/global DCR)) and funds much more streamlined and quicker.In a recent example, a conventional cash out was only going to get me 65-70% LTV around 4.75% with no points, but if I went with portfolio it was going to be 4.99% up to 80% LTV with 1 point cost and terms were 10 year with balloon thereafter, 5 year fixed adjustable rate within the 10 year balloon period, 30 year amortization - principal & interest payments, w no pre pays. 

It seems crazy to me that with all the globalization going on, your applicant doesn't exist to the credit reporting agencies.

We've opted to start our focus 'in our backyard' here in Lake County, though may (likely will) branch out further with time...Non-RE investing background:  I'm an engineer by trade (with all the anal-retentive number crunching that comes with it), presently in a 'Global Strategic Planning' role at my corporation.  

@Dave Richards I didn't take offense to anything that anyone posted here.  

As a global investor who survived 3 currency crisis in Russia i can tell you - right now (with 3-5 year horizon) the dollar is the nicest house in the bad neighborhood.

Use this deal for experience and analysis and be READY TO WALK ASAP Based on your post and your experience I don't think it's a good deal at all no offense... but the learning experience alone can be pricelessBe careful we're in a crazy market

Other groups I've had the pleasure to have worked with are RichDad Education, Flipping Formula, Real Market Masters, Government Loophole Magic, Rehab Valuator, Keller-Williams Realty, and Global Investments Inc.If you're interested in investing in the St.

no offense but if a property has 12 offers on it in a day, the realtor who listed it is a moron and underpriced it.