You can blame the government in power in 2001 for putting in place this ludicrous security mechanism that has done nothing to make us more secure.Btw, prior to 9/11, it was very uncommon for any airport security agent to pat down a traveler.

Do they have the borrowing power above and beyond the purchase loan?

I hope your reno doesn't prove to be too costly with unexpected repairs.Glad your tenant wants to probably come back and is willing to pay higher rent.

60 acres with water and power infrastructure (there used to be a mobile home on the land).In 2005, the borrower bought the land for $250,000 with mortgage note $115K.

Hi BP, just a quick Question.Would i be able to sign the Limited Power of Attorney using Electronic Signature & handing it to the Title Company instead of giving the Real Estate Agent, as the title company is supposedly a neutral party and would not do something funny unlike "someone" who might abuse the document & replicating it.I would like to ask if HUD can accept approved package submitted using my electronic signature when bidding for Bank-Owned Properties?

The other thing the lender will be looking for is reserve money that you could use to make your payments if the unexpected happens.

In the tenant screening industry smartmove is a power house because it owns the credit report market.

Are private money lenders not in a position of power relative to the rehabber or something?

Of course there are the obvious considerations, i.e. buying right, cost control, unexpected setbacks, etc.

Appreciation1.Stable-or-better outlook for the economy (this one is complicated)2.Low $/sqr ft (<$50 is ideal)3.Low cost of living in the city4.Larger lot in a neighborhood with larger lots5.Diversified economy6.Non-Extreme climate7.Property doesn’t have any significant negatives (high road noise, power lines, hills, odor, etc.)8.Housing market trends must make sense9.Decent or better city to live in.10.A decent sized city or larger (maybe one of the biggest 75 MSA in the US.