Definitely true...I think the OP was asking specifically about the fact that he'd be limited to a 20% profit (minus any associated costs) due to the FNMA deed restriction they impose on their REOs.All that said, there are probably ways around the deed restriction as well; for example, buying the property in an LLC or trust and selling an ownership interest in the entity as opposed to selling the property directly.

Is it on the exterior?

The lender I'm working with on a short sale said they would just go with an exterior BPO I'm not sure if that's a good thing.

When it may have been better for home owners in default to do a short sale and be fogriven their debt by Fannie Mae in only 2 years(as opposed to 5 for a foreclosure), they spent months trying to fix the loan issues with the bank to no avail.

Maintaining situational awareness in the hood (and all the time); having a plan to identify and deal with potential threats; being trained in fighting with handguns (as opposed to target shooting); and practice are very important if you want to be safe.Why not post details of the entire incident?

Some might argue that those services are for the good of the whole, as opposed to healthcare which is targeted to individuals.

I'd love to know why you focus on long distance buyers, as opposed to the local ones?

Focus on quality as opposed to quantity..

Your questions have to do with the REAL cost of owning such properties, as opposed to buyingM Read

They just completed exterior paint, and have a contractor lined up to put on a new roof.