I recently asked bp about a bunch of non pitted work I had did myself to my house. 

We have been researching information and listening to the BP podcasts almost non stop and have decided to pull the trigger on a property we were looking at for about a month in Springfield, Mo.

.- A lot of pest report stuff that no one would care about on any non-VA transaction.- The important thing is that you do this AFTER you're 100% certain that this is the house you want, and that the seller doesn't have any "outs" to back out of the deal without consequences, and that any pesky underwriting conditions are signed off too (juuuust in case).

If that is the language in the lease....Mine says the same thing. 60 days notice required for non-renewal.

Hi Fellow BPers,This is a success story about helping homeowners and profiting from a non-performing note backed by a 1st mortgage in Washington, DC.

@Duke VangHe is correct in saying that interest rates are higher on non owner occupied properties.  

@Patrick KeelyFNMA  is offering rental loans for 30 years at about 4.25% was our pricing on non owner with added hits to pricing for Non Owner and LTV over 70% and scores less than 720You must not own more than 10 financed propertiesYou must have taxes filed and have some kind of incomescores over 640 but ANY credit union or residential mortgage lander can do that for you in the town where the property is located.  

The direct program is for folks who might have qualifying for the guaranteed program and loans are made by dealing with USDA directly.You might check out the non-profit NACA (naca.com). 

I'm hoping to build up the portfolio until I can have a nice passive income so I can continue with my passion in environmental and non-profit type work. 

Not that I know of, but you could have another lawyer draft up a non compete to give to the first lawyer.