.- If there has been a “pattern of flipping” (in this case, that means there has been more than one title change other than an actual foreclosure) in the past year, the lender will likely reject the loan and you may be required to wait 6-12 months to resell to an FHA buyer.

If its $2000, then maybe, maybe not.If the stuff Marie says follows pattern, this provision of this law has been gutted, too.Good luck.

It seems that the pattern of quiet time followed by multiple last minute requests is from the underwriter, nothing to do with loan officer.Kevin

It didn't cost one dime extra to buy contrasting colors and install a "checkerboard" pattern in a large kitchen, and our properties nearly always rented very quickly, with nothing but positive comments, ie.

I just read the original thread---juicy...I can't answer the where, but I'm going to take a stab at what to look for (which is at the core of the question---you have to know the "what" before you can find the "where"): - Follow the employers---seek areas where employment is both vibrant and growing (job growth leads to migration patterns---people have a tendency to follow the money)- Seek a community with current or future infrastructure expansion intentions.

I am asking if there was a pattern that will help you dial in your targeting.John Corey

When there is an issue like this, some swampped asset managers will merely put that property in a "holding pattern" and come back to it when everything is all clear.I'd recommend that you have your agent speak with the listing agent, and have the listing agent call the asset manager to ask, "Is this property available for purchase right now?"

Originally posted by "TEB":.By the way, it is an estate sale also.Maybe there is a pattern.

If they speak quickly, adjust your speech pattern accordingly.

Hopefully, you can see the pattern and get an idea of how to put the numbers together to do the calculation yourself.$125,000.00Purchase Price$2,500.002.00%Purchase Closing costs$8,750.007.00%Interest$6,000.00Holding costs$30,000.00Rehab costs$18,000.008.00%Sell closing costs$190,250.00Total costs$225,000.00Sell price$34,750.0015.44%Net profitJon