***TST's Official "Whatever" Thread*** - Page 2893 - TriStateTuners.com :: Home of Tristate Auto Enthusiast

jpalamar · 11-11-2009, 05:06 PM

Quote:

Originally Posted by Meeshell

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

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

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

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

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

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

jpalamar · 11-11-2009, 05:24 PM

Quote:

Originally Posted by russiankid

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

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

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

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

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.

OMGz Turbo · 11-12-2009, 09:50 AM

Quote:

Originally Posted by ricky2i5

Sooooo apparently i got an infraction today

what did you do son? talking on the cell?

11-11-2009, 05:07 PM	#57842
Oakes Tri-State Post Whore Join Date: Apr 2007 Location: West Chester Member #4384 My Ride: 2010 Mercedes Benz E63 AMG iTrader: (0)	No. The American way of life is the "pursuit of happiness" which does not = profit. __________________ Team Oakes: I dont give a ****!

11-11-2009, 05:13 PM	#57845
Oakes Tri-State Post Whore Join Date: Apr 2007 Location: West Chester Member #4384 My Ride: 2010 Mercedes Benz E63 AMG iTrader: (0)	NO, YOU'RE WRONG! GOD! nah but srsly, money doesnt = happiness. __________________ Team Oakes: I dont give a ****!

11-11-2009, 05:19 PM	#57847
russiankid Tri-State Post Whore Join Date: May 2008 Location: Lincoln University PA Member #7769 My Ride: 2012 Scion tC iTrader: (0)	Oh, and I rather be poor and happy than rich and miserable. __________________ 2012' Scion tC 6-speed M/T.

11-11-2009, 05:19 PM	#57848
Meeshell Tri-State Aficionado Join Date: May 2009 Location: Warrington, PA Member #13849 My Ride: 2010 "Trojan Box Blue" Mazda3 s Sport iTrader: (0)	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). __________________ -Michelle

11-11-2009, 05:19 PM	#57849
Oakes Tri-State Post Whore Join Date: Apr 2007 Location: West Chester Member #4384 My Ride: 2010 Mercedes Benz E63 AMG iTrader: (0)	Ohhhh Sam! You and your big thumbs! I can only imagine what else is too big.... __________________ Team Oakes: I dont give a ****!

11-11-2009, 05:11 PM	#57844
jpalamar TST Ruined My Life! Join Date: May 2009 Location: Collegeville, PA Member #13773 My Ride: 03 Corvette Z06 iTrader: (3)	Money = Happy; Profit leads to money.

11-11-2009, 05:21 PM	#57850
russiankid Tri-State Post Whore Join Date: May 2008 Location: Lincoln University PA Member #7769 My Ride: 2012 Scion tC iTrader: (0)	I know what you're thinking.....and its true. __________________ 2012' Scion tC 6-speed M/T.

11-11-2009, 05:28 PM	#57852
Oakes Tri-State Post Whore Join Date: Apr 2007 Location: West Chester Member #4384 My Ride: 2010 Mercedes Benz E63 AMG iTrader: (0)	Im sure it is.... __________________ Team Oakes: I dont give a ****!

11-11-2009, 05:46 PM	#57853
russiankid Tri-State Post Whore Join Date: May 2008 Location: Lincoln University PA Member #7769 My Ride: 2012 Scion tC iTrader: (0)	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. __________________ 2012' Scion tC 6-speed M/T.

11-11-2009, 06:49 PM	#57854
jpalamar TST Ruined My Life! Join Date: May 2009 Location: Collegeville, PA Member #13773 My Ride: 03 Corvette Z06 iTrader: (3)	Leaving work in a few minutes, then going to the gym, then shoting people in the face in COD.

11-12-2009, 09:35 AM	#57859
russiankid Tri-State Post Whore Join Date: May 2008 Location: Lincoln University PA Member #7769 My Ride: 2012 Scion tC iTrader: (0)	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. __________________ 2012' Scion tC 6-speed M/T.

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