The account switches to "closed" as-is and freezes in place without having a chance to exit "new account" status.The same lender will not let you do close them within 180 days because it starts to look like the institution is "churning" you to collect fees and whatnot, which is a big no no.

I just discovered them myself a few days ago, so I don't know too much about them.

Since then, I became an active member of the AIA (American Institute of Architects), being part of several committees: Design and Awards, Homes Tour, Exhibits, Honors and Awards, and Emerging Professionals.

And last, but not least, the due on sale clause is also something you need to worry about (for reference, look up the garn st germaine act of 1982), and the lender may call their loan due if they discover the contract sale (is it likely as long as you're performing?

Austin, thanks for sharing what you discovered!

However after charging an entire vacation on my Discover card to earn points my credit ratio shot up giving me a score around 677.

Let people discover this when they are in the house.   

I have read that you should ignore the National banks and go to the local and independent financial institutions, even credit unions that deal with businesses.

Pin hole leak in main line discovered last night.

Recently discovered BiggerPockets after purchasing one of the books written by Brandon Turner.