Contact the authority and tell then prior to closing.

Large deposits and prior relationship help however don't always guarantee the ability to get 7 year fixed loans.

I bought a duplex about a year ago as my primary residence prior to finding BP or really understanding real estate investing at all.

In this instance, based on your comment, it looks like the date of loss was prior to you having a possible insurable interest in the property. 

Either way it's worked great for 20 years now, no vacancies and no advertising, even a few repeat tenants of people from years prior.

I am a long time lurker and reader of BP and, I decided that I should jump aboard to take advantage of all of the benefits that BP has to offer.My background is in real estate and finance having worked with developers prior to the crash and with an international real estate company in their auction division.

And if they decide not to leave, we do have the rent roll from the prior owner showing they failed to pay last month's entire balance.

You are eligible for the exclusion if you have owned and used your home as your main home for a period aggregating at least two years out of the five years prior to its date of sale.

I work for a title company and we generally see a seller search his own property prior to putting it up for sale.

Would you be selling your condo prior to moving forward with your next deal?