And once you get the short sale approved, there is a closing date restriction usually.

id=371“To prevent circumvention of the restrictions on making FHA-insured mortgages to investors, FHA generally will not insure more than one principal residence mortgage for any borrower.”So I would maybe look at sub2, contract for deed or a sandwich lease option.RE: the house, for easy resale, get a 4 B @B 2 car garage, good school district.

You may also have a deed restriction where you can't transfer title for 60-90 days, which would prevent a double close.

I'm surprised some HMLs have not asked to do this for you (LOL), you can make suggestions and talk to those you know, it;s just that thier lending may be restricted, but hey, if you know 10 people, it may be 10 deals otherwise lost.

Let's also restrict loaning out the money or buy/selling notes and you are only to invest the money in your Fidelity brokerage account.

If there are no restrictions, I would paint the house a neutral color (perhaps like the beige in the second picture that you posted) and add black shutters and a black door (simple and inexpensive) Line the front walk with some pretty flowers and people will stop to look.

http://www.housingnyc.com/html/resources/attygenguide.html#34APARTMENT SHARINGIt is unlawful for a landlord to restrict occupancy of an apartment to the named tenant in the lease or to that tenant and immediate family.

(your payment goes up, instead of down)It is slightly possible to obtain a Cash Out Refinance, provided you put enough down payment down but there are restrictions on LTV which create the barrier on those types of loans which may prevent you from qualifying.

I dont care about the 90 day deed restriction, or the 10% EMD .

From everything I've read on BP, seems like once you get to 4 and then 5, there seems to be a much narrower pool of banks and the lending restrictions get tighter and tighter.For our multi-property owning friends on BP, what are some questions I should ask in my meetings with loan officers in regards to obtaining financing after loan 4?