I would say ask around and just be upfront with the lenderr so you don't waste your time and get so far into the process only to be turned down later due to having too many properties in your name.good luck,Chris

Second is that your are effectively "selling grandma's house".

Real Estate Services do have specific definitions, and usually involve those things required to effect the sale of the property, not just bringing buyer and seller together.If, as a bird dog, you are simply finding a property and bringing it to the attention of someone else, and not involved with negotiations, or "performing real estate services," that are needed to actually transfer property from seller to buyer, there are no laws against that.If I'm wrong, here, I'd love to read the statute that requires a license to say "Hey, Joe Investor, there's a vacant house on 13th Street.

Your annual insurance is 1.5 months rent so the 50% rule is probably going to be in full effect.

Don't want them to waste more money if I am going to deny them anyway.Any advice is very appreciated.Tina.

Given he has at least some interest (that is, ownership) in the property, its a waste of time to try to sell the entire property.

In that case, we had a very short closing deadline and the financing contingency was still in effect.

I'm asking for my appraisal fee to be refunded just because I believe they should have known their own guidelines before they approved me so I wouldn't have wasted so much time and expense.

Doing nothing seems to me to be a waste of time.

You have to consider where the pipes will go for both water supply and drain, where the shut-off valves will be located, whether a window or skylight is present or whether exhaust fan is needed, where the vent for the waste will go through the roof, whether you have electric wiring that can accept a GFCI (old house might only have two conductors on many circuits, lacking ground wire).