In the one I am working through now MassHealth has a lien on the property which is more complicated as the house is being purchased at a deep discount due to the distressed nature of the home.I don’t think this instance need be overly complicated if there are no liens.

Is this clause Actually in your purchase contract, or you just thought it applied to non foreclosure actions?

Did you find it confusing too and do you feel this is just part of the natural learning curve? 

I own three houses and I’m self-employed, can I apply for a FHA loan?

Has anyone heard or have applied for a loan from CORNERSTONE INVESTMENT? 

It is not a measure of your quality of character if you do not naturally know how to be a good landlord the second you hand over the cashier's check to buy your first investment property.

There isn’t really an issue with you investing and also practicing RE in your home state as along as you abide by the ethics and standards you pledge to uphold when applying for you RE license.

A lender once told me it’s never too early to apply for a home loan, so why not?

That's a very important subject, because if the rentals are "merely an investment activity" and "not a trade or business", then the Pass-Thru Deduction does not apply to them.For those of you who are not familiar with this deduction – you really should be.

A commercial mortgage is considered a transaction between two businesses who have access to legal advice, and should be knowledgeable in this space, and therefore consumer protection laws and rules do not apply.