I joined BP because it seems to be an education and mentorship style site.My Full schedule limits the amount of time I can commit to real estate and think I will do best with turnkey rentals.

Trying to buy as an owner occupant, leaving your family behind to live under a separate roof, strains the limits of credulity.

When I get rental properties it will help me grow my library and I can study more and more on whatever I feel like learning about while listening to string instruments.

Is there any way I can limit the risk?

Initially when I started working in loans, the idea was to study for my RE license along the way and gain knowledge of the loan side so I’d be more informed when I became an agent.

FHA has a limit up to 6% of seller concessions based on the sales price or the appraisal price, whichever is lower.Seller concessions have to be approved by the owner because the property has to appraise at the higher value.An example: $100,000 with 1% seller concessions.

Traditional HARP loans were for GSE loans originated prior to May, 2009 and Fannie/Freddie loans were subject to conforming limits so, it wasn't a HARP loan if there was a refi in 2017 and for that amount although, if the loan balance was ten times lower?

I've been researching and studying the market in my area (Los Angeles) for a couple years now and have hesitated to make the plunge on any purchases.

Tenant’s use of such furnishings shall be “AS-IS”, and Landlord has not made, does not make and hereby disclaims any representations or warranties (including, without limitation, any warranty of merchantability or fitness for a particular purpose) as to the physical condition of the furnishings or the suitability or usefulness of the furnishings for Tenant’s intended use.

Is there a statue of limitations on this type of event?