Check the deed for any restrictions.

Kristann - sorry to hear your experience.Without knowing the extent of the work, $1500 sounds extremely high, unless there was substantial work required to get access to the drain.

I know that Fannie Mae has the 90 Day deed restriction, but was not sure if Freddie Mac's restriction is exactly the same as Fannie?

Your numbers look like you will cash flow around $500 for the 3 doors.Aurora, Illinois, I guess you could use the basement for a public access TV show..."

They will also not give you access to the MLS; they will use CL and Oodle!

Many REO deals will have a deed restriction against reselling the property within 90 days.

The FHA 90 day restriction was waived back in February 2010, and the rules on day 91 are now exactly the same as the rules on day 1 and day 179.

I currently have a property that the owner will not allow me free access to, even though it is in our contract.

I am using an addendum which restricts my loss to my EMD in the event of non performance.Making 1 offer at a time with a short review/ratification period allows me to make several offers in a short period of time, without running the risk of spending a lot of money on EMDs and inspections.

Hello Gregory, I know u want to get in the business really bad ,but one thing you never do is let anyone know how much money you have access to.