Lawyers are good for legal questions, not necessarily real estate investing questions...To your first question, *some* REO sellers have 90-day resale restrictions, not all.

I use an MS Access database which allows me to use a form to quickly input information, select the type on contact and add them to the database.

I have two condos in my portfolio and I like having the HOA restrictions to help keep the community, tenants in check and the risk of the community deteriorating over time is also reduced with a well run association.Currently I live near a huge townhome complex (few hundred townhomes) that was built in the late 90's.

Once you show that you are for real (by closing on a deal,or by giving them offers that make sense along with POF - POF is the thing that helps your credibility), then you will be able to ask them to keep you informed of new listings (and you'll ask to gain access prior to them hitting MLS).You say you have already closed on REO before.

I am always amazed at how much information you can obtain from court's public records, some courts let you access this information free or with small fees, other services like chexsafe charge $29.

So many BP members were talking to realtors about property, establishing relationships and talking to prospective lenders, reading real estate information, developing or studying social media access, and working with new investors/clients, etc.It is interesting that all of us are able to extend our options in all of these items just by attending the BP seminar next month, yet so few have decided to do that.

Is the building pad restricted?

It would be a good idea to inform the manager beforehand so that they can help you with moving any parked cars for access and also so they can confirm the lot is clean etc.

Therefore, he will have to close on the property, sit on it for the 90 days in the deed restriction, then re-sell; or re-sell within 90 days, but for an amount not more than 1.2 times his purchase price.

total estimated interest = $4.7k2) LOC refi- $2.6k in closing costs, plus $2.9k interest over the 24 month life of the LOC equals total cost of borrowing = $5.5kSo basically for the LOC i'm paying $800 in additional costs over the two year period to gain access to the remainder of the LOC ($92k) at 5.75% interest to be used to jump on cash deals, etc. if needed.