(and yes, DSCR are personally guaranteed) The number of financed properties calculation includes:the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s), even if the monthly housing expense is excluded from the borrower’s DTI in accordance with B3-6-05, Monthly Debt Obligationsthe total number of properties financed (not the number of mortgages on the property nor the number of mortgages sold to Fannie Mae), with multiple unit properties (such as a two-unit) counting as one property;the borrower’s principal residence if it is financed; andthe cumulative total for all borrowers (though jointly financed properties are only counted once).

We were able to quickly sell this spec house on the MLS at full asking price.

The house ended up going under contract in just 17 days, in a market that was averaging 58 days on market in this area.

I spent the weekend researching and posting a blog about it myself: Fixing Up A House for Sale in CA Requires New Disclosures.I’m curious about your thoughts.

I am looking for an investor to partially fund some of the soft costs for a large townhouse project I'm working on.  Term 12 months or less.

He also removed a whole house alarm system without telling me.

We really like his current house as a rental property.

Purchase price: $1,355,000 Cash invested: $135,500 Bridge House STR What made you interested in investing in this type of deal?

The new holder of the right of way is adamant that he won’t let me do anything with the space because he is building a luxury housing development further up the road and he wants the space to remain green.

Bought the house with built in equity.