Bottom line though, I think we will all feel it in one way or another.In my market new construction inventory has increased dramatically over the last 6 months.

Both are conventional 30-year fixed mortgages.

Lots of banks told Me if I wanted to buy one, I should take a look at Their inventory. :)I ended up asking My real estate agent which banks were mobile home friendly, and She was right.

For example, if the money from an OO loan on a primary residence were used to buy business inventory, then this would be a business purpose loan.

it just doesn't makes sense unless they're doing this rental thing as a short-term (3-5 years) gig.and we also know, they are dumping 20% of their inventory on the west coast where last year's appreciation was phenomenal.quite a few of their homes are near where I live...the taxes alone are $9k a year. the rents are anywhere from $1700-$2k.none of this makes sense...so my only reasoning is, they're trying to boost the appreciation by further tightening inventory.CNBC doesn't comment this might be happening when they broadcasted it. am I off base here or are they actually helping the recovery?

Plus you have a lot of cash to work with so the20% down for investments should not be a big deal.Personal properties conventional financing are as little as 5% down.The one thing I would look at with condo's is how many rentals are in the complex.

I might agree to that, as the agreement goes on, I establish an interest on the entire inventory held at the time of the agreement as I can select any home.

I bid on plenty of deals and even got one under contract but lost my earnest money b/c i was an investor buying a HUD home and the house was missing its copper and i couldn't get a conventional mortgage.

Depending on the Asset Manager, they might let you add a name after the contract has been accepted Account Closed Yes you can just not turn in the contract, however I would not recommend doing that on a regular basis if you are planning on doing a lot of business with HUD as I believe(No proof) that I do receive bids on some of their older inventory because I do have a track record of closing on these as a Broker/Investor @Wayne Brooks I agree with Wayne that as a Broker I do not waste much time with blind offers as most of them are just fishing and a waste of time.

But it depends on what kind of note it is, commercial RE, with or without inventory or business assets, residential, 1st, 2nds, performing, non-performing, slow pays, guarantors of any kind, cash loans or funded with equity based on a sale.Notes are more involved than RE, RE is only part of notes as the collateral.