At the time I got the loan I had no choice but to put the lien against my dads commerical property rather then my residential homes due to LTV guidelines that hard money loans had.

If I were living in it, my choice would be to not, because I would remove and alter ($$) a portion when I could.

If you prefer not to do that, you could order a "drive by" appraisal from a local appraiser.Ultimately it's all up to the bank to accept or deny the offer.

Forgot to also Mention although I prefer to unload my REO's via bulk sale for less money, I have no problem getting rid of them individually however I would probably look for a larger spread.

I probably wouldn't have done it anyway.Two things I used to always do was show them a sample of which size nail or staple (preferred) they were allowed to use if they hung Christmas lights on the exterior.

I generally prefer the 3/2 or a 4/2 as the statistics in my area show these are properties that are most often sold.

I prefer to work with person who has experience or worked for a lender(s) in this field.

Mostly it has to do with your comfort level, education and tolerance for risk.Personally - we prefer real estate (obviously) for multiple reasons.

It's just preference, and what you feel is most effective for you.

You might try Bank of Choice.