Give them the address and ask them if the housing permits are current and how many there are.If it's not listed as two, tell them that it's advertised as a duplex and ask them what you would have to do to get it legal if you were to purchase it.If it's an illegal duplex it will help you in two ways.

Hello Board,I have my first purchase in the UW process right now and I have a question in terms of my long term growth that I was hoping we could address.

Anthony, I removed you email address, by policy, but if you guys need help connecting, I can make it happen.

That downpayment has an opportunity cost.In addition, buying a house that is already rehabbed will NOT have a major effect on the maintenance expense.

I'm afraid "Black Sunday" escaped 99% of all Americans.Wasn't it like two weeks ago that Bernanke said Fannie and Freddie were "well capitalized", or something to that effect?

You can address this potential problem by filing a Memorandum And Notice Of Agreement at the courthouse as we discussed a minute ago.

I think it's a good thing to have if you can do it cost effectively.

Ive been trying to get my card formatted and using a address list im using, but with out much luck.

The effective date is supposed to be December 1, 2008 but you'll probably see that many of those remaining true Fannie lenders will change within the next 30 days.The changes will include:* A limit of 4 financed properties when submitting an investment loan.Fannie also clarified that it does not consider the borrower to have an ownership in a property that is held in the name of a corporation, even if the borrower is the owner of the corporation.

I'm looking to start a marketing campaign to bring in motivated sellers for wholesaling.But i only have a budget of about $500, give or take.What do you suggest I spend the $500 on, to get the most cost effective strategy.