@Donna Ryngala Any attempt to circumvent owner occupancy agreements - which you will sign at closing - could set you up for a charge of mortgage fraud.I'm not the world's foremost expert on this, but I do believe that the new home must be your primary residence, including being your mailing address.Talk with your lender to be sure you understand the requirements.

Don't be surprised when you're filling out a personal financial statement, that you'll probably be asked to sign a full-recourse loan, etc.

I like to know what I'm getting into before signing up for something is the goal.Thank you for sharing - great to hear the insights.Best,Mchael

My questions is for the next tenant I want to add some things to my lease.1) 2 month rent penalty if they break the lease2) When they sign the lease they pay me damage deposit and 1st month's rent which is non refundable if they break the lease.

A contract that is fully executable should not be waivable after being signed, else why sign a contract.

Signed,Please help, this is my future!!!!

Its the original owner who signed the promissory note.

I have an LLC (S Election) in my state, and I have a friend in another state who has agreed to partner with me, with him bringing the capital for funding flips in my state.

They signed a lease and they need to honor it.  

You will sign a statement stating that you agree to live in the property for at least 12 months.It's not meant as an investment vehicle.