You will have to find an agent with an NAID number to place the bidThe closing costs only apply for owner occupant purchases.

I plan on applying for the homstead exemption as soon as the window opens on January 1, 2022.

The funds belong to the Tenant until the lease is terminated and then the funds can be applied towards unpaid rent, utilities, cleaning and repairs, or whatever else your law/lease allows.The same goes for prepaid rent.

During DD, along with finding the real underwriting deficiencies, it became obvious that my back up strategy would be most likely and therefore every basis point matters, since, I will be at the mercy of 3% rent control until tenants move at their own pace, so the lower CAP at close matters more to me, than if I would have been able to apply the primary plan. 

That applies to the Brrr method.

One of the most valuable and important things you can do is to understand the industry vernacular and how it is applied to a real estate asset.Feel free to DM me and will send a few pro forma snap shots.

They finally came back with the following:“At this point we would just need you to apply for a “Special Inspection” at our office for visual “certification” of the existing structures.”I am curious what this sort of “visual certification” entails.

Does anyone have trusted contractors, roofers, inspectors, painters, etc?

Do these laws only apply to owner occupied pre-foreclosures, or would they also apply to NON owner occupied preforeclosure SFH, Multifamily, commercial, mixed use, vacant land, etc? 

As long as her husband is applying, is going to be on the lease, and has enough income to cover your requirement, this shouldn't be a problem.