Foreclosure vs short sale.....pros and cons, ease of purchase, time to close, negotiating price, obtaining financing, etc etc..looking for as much feedback as possible.

Will the investor still be able to obtain a certificate of occupancy since they purchased the owner user building "As Is" with no further build out required?

I would like to obtain an FHA loan to purchase a duplex to house hack, but I'm unsure whether or not I should go through an intermediary between the lender and myself.

And recently obtained my Real Estate license.

IOTH, you can obtain a quick claim deed for the amount owing, then the equity may be available to you, to do this you must be working with the borrower.Stale notes and lost borrowers can have unique problems.

,It is very common in Florida, that the garage has been converted into a bedroom.It that is the case, make sure that a permit was obtained for the work.Also check to see if there are any "open permits."

I just take a more business like approach, IMO, that being taking on any partner is pretty much like taking on an employee, they need to carry thier own water, I'm not paying for something that is not beneficial and I'm not paying more than they are really worth or more than I can obtain from other sources.

I would think this information would be public information and therefore free to obtain.

Here is my list of preparedness items and the order I would obtain them.1.

http://www.realtor.org/MemPolWeb.nsf/pages/COde If she represented me as the owner of a house and I fould out that she obtained a better price within a few weeks of closing, I would certainly raise a few questions ...Of course, she may not be a member of the NAR