You're likely confusing the FNMA REO/short sale resale restriction which prohibits a resale or mortgage for Moore than 120% of your purchase price, for 90 days.

@Jennylynn Caldona , extremely doubtful you'll be able to wholesale and REO... most have deed restrictions.  

The A property might be classified as non-conforming in some zoning locales; sometimes that restricts re-building in the event of disaster.

I'm not sure if there is an age restriction (I don't think there is), so you should be able to get one before turning 18.

Agree with Ursula B. ... most banks will lend upto 75% of current appraised value and some will restrict it to original purchase price.

Wondering if anyone has an idea of the permit process in Los Angeles for something like this... the cost, the restrictions, the hassle, ect ect. 

He believes this pause is due to the government intervention in restricting first time homebuyer's ability to get mortgages. 

Bill Gulley - do the BP moderators have you on some sort restricted posters license, like you can't post late at night, must have an adult over 18 (but under 30) at your side when you post, etc.?

I am not sure of the advertising restrictions. 

I was talking with my mom, who suggested that a picky HOA could restrict who else lives in the townhome besides the owner occupant.