Anthony Drew Gary
HOA Rental Restrictions?
Hi, BPWife and I are looking at a condo for a buy and hold scenario. The homeowner's association language restricts rentals and reads:No more than twelve percent {12%) or seven (7) of the Condominium Units may be lea...
Troy F.
HOA Rental Restrictions
Has anyone ever purchased an investment property only to find out it is not eligible to rent due to the HOA rules?I just bought an investment townhome. When I found the home MLS said Rentals Authorized. I reached out ...
Francisco Ycaza
REO - Deed Restrictions
Hello Forum,
I have a few questions when submitting an offer on an REO . When you make an offer can you request the 90 days deed restriction be waived ? Or is this something that every Lender evaluates dif...
Alexander Ramos
Airbnb Restricted Zoning
Hey guys had a question! I I am in the process of picking up my first rental listing to relist on airbnb. I am in the Midway area of Chicago. And there is a lot of restricted residential zoning near airport. I had an ...
Michael Solomon
FHA Restriction rule???
I was talking to my lender yesterday about refinancing out of my Fha loan after I buy my first multifamily property to a conventional loan. So that I can use the fha loan again to finance my next purchase. He tells me...
Austin Hanse
FHA Loan Restrictions
I am looking at buying a triplex and living in one of the units. To finance this, I want to go with the FHA 3.5% down route. I know there are some restrictions on what FHA rejects as a property to finance and was cur...
Ethan Farr
Restricted or not?
I’m currently in the process of building a house for the purpose of STR in the Shell Knob area. I am in Barry County, so there’s no planning and zoning. On top of that, there is no HOA. There are however recorded cove...
Mark Yuschak
BOA deed restriction
I'm picking up a cheap BOA SFH on a SS through the listing agent. I'm not keeping this property...just flipping it as is to an end buyer, but not double closing.
The demand letter states that there can't be a transf...
Brian Fazekas
Vacant Land Restrictions
I'm currently in the process of buying land next to my primary residence. The sellers want to put a deed restriction on it so there are no buildings (structures) to block their view of the lake. We discussed that I ...
Mark Clarke
Restrictions on HELOCs
Can I use a HELOC on my primary residence to complete the purchase of another home which will be my primary residence, paying off the HELOC when the first place sells? Do the rules on this vary according to state?