Fast forward a few years & after getting my own re license & taking a 24 hour pm class as continuing education for that re license, when looking over the applications the pms are using, I'm recognizing big holes in the screening process, when reading the pm agreements for landlord's, I'm seeing big holes as well - no real responsibility being accepted by the pms, but tons of fees for both me and the tenant & we decided to run our own rentals.

J Scott - apparently Stephen Masek is a recognized expert in this area; see this link that appears near top of Google search results:http://www.nachi.org/forum/f21/asbestos-still-legal-dates-bans-12239/

Otherwise, please consider uploading a personal profile photo so we can better recognize you as you navigate and participate here.Welcome!

If you tell them you're paying cash and then get a loan, they likely won't care, as long as you close on schedule.So again, do what you're comfortable with, but recognize the risks and be willing to accept them, even if it means losing your EM on an REO deal where the bank doesn't want to let you change your choice of payment.

That's the same thing as Iran, gotta recognize this is America, you must allow others to enjoy thier freedom just as you do.Ryan has spent his whole political carrier trying to invoke limitations to, and eliminate, abortion FOR ANY REASON.

(I'm sloppy, the calculation is exact.)With an installment sale, you only recognize the money as it actually comes in.

Just that a seller that recognizes they have a problem and will continue to feed the problem until the debt is dealt with makes sense (paid down or paid off from a sale).People paying their bills is a good thing.John Corey

I am told that one state no longer recognizes the documentYou really want the title work to be done correctly when transferring title.

Under IRS code Subchapter K of Chapter 1 § 721(a) - No gain or loss shall be recognized to a partnership or to any of its partners in the case of a contribution of property to the partnership in exchange for an interest in the partnership.Originally posted by "REI":You need to check with the local recorders office, title company or attorney depending on how you are going to handle the paperwork.

Caution needs to be applied here as the subtle differences matter and would also be the value add you bring to the table when talking to the borrower.Note that to negotiate with a lender on behalf of the borrower you need to have the borrower's approval in a form that the lender will recognize.