One idea here would be to ask the title attorney whether the specific deed restriction is enforceable. 

The cost, restrictions and penalties are a horror. 

@Byron Broughten I went through something similar last year, I was working with an agent to look at MLS listed properties, but ended up finding a deal through a mailer campaign instead.

That would be dependent on the restrictions contained within the bowels of the original program....it may or may not even be a deed restriction running with the property.

There are many restrictions around builder warranties (pre-known conditions) and out of pocket expenses will cost me money in the future. 

Plus they like to see you own the property for over a year.The next option is an alternative option that will do a cashout with no seasoning and they dont require tax returns either.Rates will vary based on loan type, loan term, and LTV.But you can do a 30 yr fixed loan, interest only loan, and or hybrid arm loans that are fixed for 5-7 years without a balloon payment.The biggest benefit with the alternative source is the ability to cash-out without any restrictions and customize your loan.

I Haven't accepted those 2 terms so I don't know what'es next, but I guess it means we allow them to get rid of Yapstone and we accept the new , more restrictive terms, thrown to us in the middle of this "payment partner" fight they have.Another email from Yapstone who tells us that the "advanced payment" feature is no longer offered as a standard plan, and that from now on we will get paid at check in time.

I have always heard of restrictions on reselling short sales within a certain time frame, but I'm having a hard time finding legitimate documentation on this.

Any loan that occurs for a Bank is more restrictive, including an FHA loan. 

Now they board is changing the rules to restrict it.