There's no such thing as an exception anymore in the conventional lending world, so you have to do some research and find the product that works best (and that will ultimately close).Stephanie

Don't lose sight of your ultimate exit strategy.

 #1 will depend on the specifics of what the issue is, and will ultimately come down to the bank to decide if it's a big deal or not.#2 may depend on how a hard a time the sellers are having finding a buyer.  

and check out the Ultimate Guide to Real Estate under Tools for first steps on your new journey!!!

It took about 4 weeks to liquidate the brokerage account, transfer the money to a SDIRA custodian (IRA Services Trust), and get the money wired to the promoter.

This error ultimately had major implications because I would have looked at higher valued homes in different areas...this mistake also almost caused me to be denied the financing on the deal I found within the loan limit they set for me based on this incorrect DTI ratio.Long story short always double check the lenders calculations.Nonetheless I'm grateful that I'm able to move forward on this rental property.

Ultimately, they want you to remain in the home, and if you buy another home and move to live in it full time you're somewhat exposed to their rules.Hope that helps a bit. 

Perhaps there are some consequences to that.But ultimately, consider whether it is possible for you to settle with this tenant.

Check out the ultimate Beginners Guide by Brandon Turner, be active on the forums, listen to the podcasts, read the books and take action!

They require the buyer pay for these services and while they may benefit the buyer they are ultimately for the benefit of the lender.