The "terms" presented sound great, but when you read the fine print on the contract:* Only good on owner-occupied primary residence* Restricts your ability to rent or lease during the entire term with their approval* They may inspect premises on demand* They seem to have a restricted list of realtors' brokers available you have to use first if you want sell while in force* ROFR: You have to present any offers for the property to them 1st - they can also accept offers on the property for you* Seem to have a POA clause allowing them to do stuff on the property and related to it.Personally, I read through this, I think it's really expensive on the $ alone, but the terms are onerous.

When the restrictions were put back in a place a few weeks ago there were a few cancelations but nothing like the first time.   

If turnkey, your budget in Northern NJ may be a bit restrictive depending on where you would want to be.

FMH properties are also listed on this website: https://www.homepath.com/, agents must submit offers via that website, and there are some other restrictions: the most notable is the seller won't pay for anything: repairs, inspections, etc.

Especially once covid restrictions are lifted and people are back in school.

It's pretty difficult to find a 2-4unit deal that fits Home Possible (for the purpose of 5% down) with the income cap imposed across all census tracts/neighborhoods last July. 

Restrictions minimum door value, location of properties (some lenders don't cross state lines) Reserves vs loan amount requirements.

Qualification restrictions are not as great as in conventional financing.

Many states are trying to restrict wholesalers.

When coronavirus restrictions ease up, my dad is going to come home from the Phillippines and we’re going to start investing in primarily small multi-family homes in the Northeast Ohio area.