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jpalamar 11-11-2009 05:06 PM

Quote:

Originally Posted by Meeshell (Post 1567175)
Just a silly underwriting guideline PA follows. It's monitored by the FBI in most cases. It's based on fair prices and fraud for profit scams.

You're allowed to sell the house after renovating but you have to make your mortgage in full for a certain length of time. I can't think of the number of mo the though...

That doesn't make any sense. Isn't the American way of life ti make a profit? So the FBI would rather see a house become a drug dealers home when it gets abandoned rather then let someone fix it and sell it?

Oakes 11-11-2009 05:07 PM

No. The American way of life is the "pursuit of happiness" which does not = profit.

Meeshell 11-11-2009 05:10 PM

Quote:

Originally Posted by russiankid (Post 1567160)
Touch screen phone + big thumbs= fail.

Not big thumbs, just an itouch that doesn't react fast enough to the words I'm typing... lol but true story

Quote:

Originally Posted by HickRocket1258 (Post 1567172)
So even though I would be buying my first house there, just because it can't be I can't live in there at the time, means I won't qualify? That's great.

Check the fine print of the offer. I got out of the underwriting side right before they set this up.

Quote:

Originally Posted by Oakes (Post 1567176)
what!?!?!

I edited the original post. It should say months. Read what I said to Sam ^^

jpalamar 11-11-2009 05:11 PM

Money = Happy; Profit leads to money.

Oakes 11-11-2009 05:13 PM

NO, YOU'RE WRONG! GOD!

nah but srsly, money doesnt = happiness.

russiankid 11-11-2009 05:18 PM

Quote:

Originally Posted by Meeshell (Post 1567187)
Not big thumbs, just an itouch that doesn't react fast enough to the words I'm typing... lol but true story



Check the fine print of the offer. I got out of the underwriting side right before they set this up.



I edited the original post. It should say months. Read what I said to Sam ^^

Nah I just have big thumbs. I just picked up a Samsung Solstice.

russiankid 11-11-2009 05:19 PM

Oh, and I rather be poor and happy than rich and miserable.

Meeshell 11-11-2009 05:19 PM

The houses being bought are so cheap because people are buying them as is: after foreclosure, abandonment, drug bust, any number of things. The investors normally already have money and are just trying to make more. It sucks though because unless you have experience and/or a fool proof plan and budget the flips don't always work.

I guess my original statement should be changed: applying for a loan with the only intent to buy and flip a house isn't necessarily legal according to underwriting guidelines for PA (along with many other states).

Oakes 11-11-2009 05:19 PM

Ohhhh Sam! You and your big thumbs! I can only imagine what else is too big....

russiankid 11-11-2009 05:21 PM

:lol: I know what you're thinking.....and its true.

jpalamar 11-11-2009 05:24 PM

Quote:

Originally Posted by russiankid (Post 1567202)
:lol: I know what you're thinking.....and its true.

:lol:

Oakes 11-11-2009 05:28 PM

Im sure it is....

russiankid 11-11-2009 05:46 PM

I am excited for my 5-speed swap. Ordering the rest of the crap this week and then next weekend I will be tearing it all apart.

jpalamar 11-11-2009 06:49 PM

Leaving work in a few minutes, then going to the gym, then shoting people in the face in COD.

sleeper15 11-11-2009 07:04 PM

Quote:

Originally Posted by jpalamar (Post 1567283)
Leaving work in a few minutes, then going to the gym, then shoting people in the face in COD.

i was doing that earlier.

3rdGenMr2Girl 11-11-2009 07:18 PM

i'm sad that i'm in class right now.

sleeper15 11-11-2009 07:27 PM

Quote:

Originally Posted by 3rdGenMr2Girl (Post 1567316)
i'm sad that i'm in class right now.

http://www.mos95b.com/New/HelloNurse.jpg

ricky2i5 11-11-2009 09:09 PM

Sooooo apparently i got an infraction today

russiankid 11-12-2009 09:35 AM

Today is going to be a long day. But on the bright side, I am ordering the remaining parts for my swap this weekend. I've been waiting to have a 5-speed in my bimmer, so I am excited. :mrgreen:

OMGz Turbo 11-12-2009 09:50 AM

Quote:

Originally Posted by ricky2i5 (Post 1567406)
Sooooo apparently i got an infraction today

what did you do son? talking on the cell?


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