However, these states have exceptions for two notes or less brokered within a. 12 month period.Next is residential non owner occupied.

Board members get sued for their idiotic decisions(see above lack of skills)....and those tend to go nowhere because they are indemnified from any causes as a result of their performance, except illegal acts.Most condo fails are due to expense control. 

The exception is the rare occurrence where there is hidden seller desperation and you can negotiate a big discounted purchase.

Find an exceptional accountant that can do both Canadian and American taxes, or an accountant in both countries.

BP Communitywe have an opportunity to buy several non performing notes on tenant occupied properties where we buy and hold in New Jersey. we have an agreement to get title in leu if deal is agreed The notes are non performing as of JuneExampleProperty value 140,000100,000 noteTenant occupied 1300 a monthTax lien 6000 no other liens except utilitieswhat more information is needed?

So I wondered if there were investors out there who have spotted lenders that accepted the "LLC" exception on a policy level.I think it's only Fannie so far and not Freddie.Tom Gomer, the 12 month occupancy as primary residence requirement is mentioned in brackets as an example of a possible event that violates the purpose of the loan. 

There's a podcast here, can't remember who the guest is, but he estimated that it's maybe 1 in 10,000.There's one possible exception.

Everything in this house is brand new except the hardwood floors, which are refinished.

The vacant office probably needs $10K-$15K work to be ready.Current Numbers -  Monthly income is currently $6300 between the two occupied spaces and expenses are $1,842 (owner currently pays all utilities, insurance, lead certs, pest control, special exception for office space, taxes, etc.).

Otherwise I just dont understand what the point of a TSG is if is not a real guarantee that the title is clear or that you can at least get insurance with the guarantee.Is the TSG basically the same thing as the "condition of title report" i received from this other title co. except from the Trustee's title co.?