it would appear to be a notifying residents of something.

It is the owner of record - the same woman who lists the address where I sent the letters as her residence address.

Also there will be certain requirements for residency on those and if you know going in you aren't going to fulfill that stuff you will be committing mortgage fraud.

It doesn't matter if it's for your personal residence or investing, TREC looks at it all the same.

., resident in the forums.Click on the "learn tab" at the top of this page, and you could be spending many hours on the Information that is available.Raymond

NOT a green card or resident).

My mom can be pretty lenient at times depending on the resident's financial circumstance at that time, but she always makes sure that she is firm in the need for the resident to have the rent money ready as close to the due date as possible.

Was hoping to pick up a foreclosed property that could use a little work and hopefully save some $ (I am a bit of a handyman) as a primary residence and then hopefully look at another property a little while later (6-12 months) as an investment or turn the initial purchase into a rental at that same time frame.I called the REO/foreclosure departments of a couple different major banks and they said that ALL of these types of properties can only be purchased from the realtors.Is this true?

There was also some talk of taking out a HELOC (Home Equity Line of Credit) against my primary residence and having that cash.

The cash flow from a new property can also be used to finance or even secure a small personal loan to fix up your current Residence and then you could turn around and sell it and work from there.