The day after they dreamt up additional underwriting criteria  anyone else have this type of experience with a hard money lender?

This comes largely because of high demand, limited supply, and favorable property purchase prices in Kentucky.

Every time I enter into an agreement to purchase I have the following: Exclusive irrevocable possession and occupancy shall be delivered to Buyer, Buyer’s Assignees, or Buyer’s Agents at 5:00 PM on  the date this agreement is signed by Seller,  on the date of Close of Escrow,  on ________________, 20______ or  no later than ___________ days after Close of Escrow.I have collected my fair share of cash for keys in SS where the lender tries playing God.  

Alternatively, you could save your money to try to acquire property in another location or an area you feel truly confident that you will be staying for a longer period of time.If you have not considered already, I may also recommend looking into investing with Trusts and LLCs to have asset protection and/or anonymity with your personal residence and/or your investment properties.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Happy to chat about this anytime.

However, the tenant has expressed that she doesn’t want to leave and even said this is where she would like to spend her final years.

This way you receive the remainder.

My guess is that it looks better in person.Unfortunately this is part of the risk with flipping condos.

I just called the city this afternoom and they told me that I will only be able to file for property tax exemption for  my new home, only after I have lived there for one year, meaning that I am going to have to pay the full amount of taxes with no exemptions for the first year I I won the property. just wanted to put that outthere for the first time home buyer.

This is in an area of Alabama where if I request a title search, folks will be calling my phone (and the mayor with his nosey self) asking what I'm looking for and why.