Since the OP didn't ask a question about the differences between FM and RM REO, I didn't bother to offer any explanation or clarification.

So say I get a duplex for $60,000. I know I need to put $15,000 into it for repairs, but the ARV is $100,000. 3 questions:Would I be able to get a loan from the bank for $75,000?When I refinance after 6 months to pull...

I'm interested in connecting with other Minnesotans, hoteliers, and others who have aggressive and attainable goals in life.I spend my time (and would like to invest) in these Zip Codes:55902 55904 55906 55901 56073 55113 55125 56073 56001 56452Thanks,Brandon

Common sense would dictate all bedrooms are required to have an egress window....Were I you I would contact the local jurisdiction for clarification...Good Luck !

@Albert Bui Great post, but we haven't recieved clarification from Freddie Mac that they will allow cash out refi's on up to 6 properties yet.  

@Wayne Brooks thanks for clarification.

Hello everyone! If I find a property on the MLS and the seller is willing to finance, how is this transaction usually carried out? Does the buyer deal directly with the owner or through an agent? If through the owner,...

Definitely post up any clarification if he expands on some of those questions!

@Logan Allec & @Dave Foster  Thank you for the clarification.  

I don't have much faith in BOAs crystal ball, either, just asking for clarification.