they are definitely trying to tighten down on the spammers, which is making it harder on everyone else while the spammers quickly find the loopholes.

Certain seller financing approaches have been used to circumvent such HOA restrictions.

Just need to tighten up on my lease agreement.For those of you who are coastal, and renting homes that comes with removable storm panels, do you have any provisions in your lease as to:WHEN should shutters be installed/deployed?

You need to see an attorney to see if this seller is exempt from new federal laws, but you are bumping straight into the Dodd-Frank restrictions and need to see a mortgage originator.Yes, obtaining financing is easier as to the loan to value and equity requirements if you are in title form over one year than being in a purchase transaction.

@Tim Jonasson there are more choices in non HOA properties, less restrictions.

We do have about $140k in retirement accounts, but I believe we are restricted from using that, and I’d prefer not to.The plan has been to start looking at moving in May of 2015.

Another question: I heard that most banks have restrictions about reselling a property after new ownership.

If they restrict you, go somewhere else.

Get your financing ready and submit an all cash offer with proof of funds at soon as the waiting period expires.Never sign an affidavit without your attorney reviewing and approving it.Beware of deed restrictions or performance liens that prevent you from reselling the property within a limited time period.

As such, when I make an offer now on a deal I plan to take down to rehab and flip (rather than wholesale) I also put in my offer that I am willing to accept a 30 day deed restriction and I include a corportae letter of intent which states what I intend to do with the property (which is buy it, vest it in my company name, I explain the history of my company, and that I will rehabilitate the home, and then sell for a profit.