Then the work will begin.The HomeStyle loan is ONLY for Single Family Homes.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Minimum: $ 5,000 (below this on an exception basis only)Maximum: Limited to 50% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesRenovation Term: The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.

(Moved in over the summer, lease goes until next January).So in my limited experience I would say renting to these types of tenants is a good idea

I have limited experience with flips here in CA and am closing on my first out of state venture.Thank you!

Bend has limitations on short term rentals so you need to make sure the property can be used for that.

Chase,A Limited Partnership or LLC is created for the sole purpose of purchasing the property.The Limited Partners (LPs) are the passive investors and the General Partner (GP) is the person/company or group of people/companies putting the deal together. 

I believe in Baltimore County, limit is two. 

Will a cash out refi count towards the limit of FHA loans I can get?.

What a POWERFUL way to teach personal accountability and responsibility for one's destiny!

What happens to my earnest money and how long will it be stuck if my options to close on property are limited?

I created my own Numbers (mac version of Excel) spreadsheet to calculate Cap rates and ROI  since BP's calculators are limited in the number of inquiries you can run without having to pay.