now that turns me out. this will mean that I won't be accepting anything perform pays anymore.

Further details below.Home was foreclosed on in December, and my offer was accepted April 22nd.

My offer is accepted and now I get to know that owner occupancy is less than 50%Can anyone suggest any lender who would finance such a property ?

My offer is accepted and now I get to know that owner occupancy is less than 50%Can anyone suggest any lender who would finance such a property ?

In the beginning of my business I sold my houses exclusively using open houses, advertising using Craigs List and all the Internet websites and most importantly, bandit signs that pointed to the houses.

Mainly, we have to accept their internal opinion of value for the ARV (After-Repaired Value).  

Here's the back story...I have an "accepted" offer from someone who I thought had power of attorney to sell a single family house that was put into a trust.

Same as lending, syndication or landlording... they seem to accept the idea better if I have tried it and proved that it works.

But I can't bring myself to accept a negative cash flow in the meantime, just on principle - it seems a lot more like speculation (Kiyosaki taught me better, lol).Anyway, thanks for sharing.

The form is called the BOE-58-AH Claim for Reassessment Exclusion for Transfer Between Parent and Child.