Jim Biggs
HOA: sale must be owner occupant?
I want to buy a 2/2 townhouse in IL., but I have a HOA question, (especially Il. resident experts)? Do HOA's have legal authority to restrict, by % or number, units that can be rental and insist that a sale be only ow...
Craig Gifford
Cash out refi illegal in Texas?
I am currently piecing together my first BRRRR investment in Texas. In the interest of adding more properties quickly I am especially interested in the Renovation and Refi sections of the strategy. I reached out to th...
Account Closed
Refinance deed restriction
I’ve heard it said here and elsewhere that banks sometimes have deed restrictions that in addition prohibiting resale, also prohibit refinancing for a period of a couple months after the purchase of an REO. Does anyb...
Ryan Moyer
Tennessee STR Grandfather Clause Law
I'm looking at a property in semi-rural TN located in a county that does not currently have any STR restrictions. I'm well aware of the adage that it's best to buy where STRs are already regulated so you know what yo...
Scott H.
Buying a Fannie Mae property in Illinois
Hi everyone,
I don't fully understand how it works with flipping Fannie Mae Homepath properties. I'm looking at one right now in Illinois and would go with a conventional loan. I understand the 90 day rule bu...
Ben Bakhshi
Any restrictions if I am trying to market to borrow Hard Money?
I would like to find private investors to provide hard money loans, first position deed.If I am the borrower, NOT a broker, can I freely advertise my need? Or am I restricted by the SEC or state laws?
Doug Rich
SD IRA for rehab flips
Do I have this right ?We legally can not work on a property that is financed, even in part, by our own SD IRA...However, If we hire one of the SD IRA companies to custodian our account, they, as a third party, can us...
Robert Gunn
STR Restrictions in Hillsborough or Orange County FL
I'm interested in moving to Central Florida in the coming months for RE investments. Are there currently or any pending restrictions STR in Hillsborough or Orange country? Also curious about Dade and Broward. Any ...
Bob Mueller Jr.
What is Your Process for Determining STR Legality?
For those of you doing STR's via VRBO, Air Bnb etc, when you're evaluating potential new properties how are you quickly determining whether the property is STR eligible? Do you have to check the zoning with the count...
Jeff Scholen
Bank 90 day restriction on resale
The bank placed a clause in the warranty deed that restricts the resale of the home we purchased for 90 days above a certain amount. Anyone know why they would do this? This was a short sale.