The house is worth roughly 130 and I owed the bank 52 . if I refinance as a investment property the only going to give me 75% of the appraised value higher APR.

@Dave Passey so basically the person is telling the bank they moved their primary residence.

I made an offer on an REO as an owner occupant a little over a week ago and the realtor said that the bank went with a higher offer.

Hello all,Do any of you have local banks in the Inland Empire you recommend for a Heloc?

If the lender wanted to sell their loan, they would have to take a loss because of this defect.There are lots of schemes and ideas on how to avoid or minimize the risk that a lender (especially, the big banks) will follow through with calling a loan due because of violation of a "due on sale" clause.

I have CDN 65 k sitting in a bank account and want to buy a property to live in eventually but want to rent it out initially.

Hey there BP fam... I really want to get started in buy and hold RE for cash flow. I don't have much saved up (6k) and I have good credit (700+) with minimal/manageable debt. I've been searching all over California (I...

I would recommend placing the property in an Illinois Land Trust then leasing the property to the LLC with the right to sublease.Your bank as interpreter of your FHA loan makes the final decision.

Our contractor and the bank's have signed off that everything is kosher.

Prior to my current endeavor, I have worked as a bank officer and real estate attorney.