THIN FILES are ironically the new norm now that Credit Underwriting  and ID verification tends to be more strict.he's only 25 and assuming you have his SSN, DOB, and are running an address he's been at least a year, at least credit INQUIRIES themselves should have generated a file so if theres a thin file its one thing, but if he's really actually previously UNKNOWN then he is now instantly KNOWN to at least one of the big 3 at the moment u pulled the credit report. assuming those 3 pieces of ID (SSN, DOB, ADD) are all accurate, cuz if any of those 3 are 'novel', it will throw off the data and likely also give u a thin file flag.

and when relocating cross country, its either that (rent residence at least temporarily) or extended stay hotels and the like til close on residence. i opted for extended stay cuz there was more freedom/flex than most leases afford esp since just temp/short term.and i do know of some mature 'investors' who still live in their parents house interdependence style, like in the basement and stuff, and seem to have no interest in independence. can totally fathom the need to take in elderly parents when the time comes, lest they be placed in nursing homes. but living in parents basement or garage while being a supposedly established re investor is quite ironic too for it is what it is.

Tell you what.. if it’s outside Iron Triangle or North Richmond, I will pay $100K all-in for each SFR in Richmond all day every day and you can keep the other $25K+!

do fan out if the OP keeps us updated here on BP in months/years' proceedings to come, considering the initial express interest in having police remove her. i do wonder what judge wouldn't seriously question duress and/or query the health and psychological wellness of a 96yo woman who somehow lost her home to the iron hammer of eminent domain proceeding, then the replacement to her granddaughter, and is now wanted off the property and gone, with not a shred on accomodation for her in her final years indicated by the OP herewithin.there's always two sides to a story and so its sadden poor/old 96yo granny (bless her soul) or her agent isn't likely in the least to ever show up here to tell her side.am hopeful all parties in said dispute get the justice they deserve and somehow all live happily ever despite today's wrath of a grossly litigious America where sovereign all-American family values once flourished.not a lawyer either so not giving advice but rather input - and perspective - as a fellow forum reader and writer.

It's an iron clad rule of investing: never spend your capital.As for the profits, it depends upon where you are in your investing cycle.When I had other income, every penny the real estate generated went right back into real estate and got added to my capital.Now that my only income is my real estate, all of my living expenses come out of the profit.I suspect it also depends upn how much support you are getting from your spouse.

In all the wholesale deals that I have completed I try to strike with the iron is hot.

Have an attorney draft an iron clad contract at the beginning and it will keep you out of court later if things go south.3.

Simplicity rules the day, the idea is to have it pro buyer, legally iron clad, escape options, and non threatening simple language that can be done at the kitchen table, notarized at the bank, and make for a cheap as ez as possible closing/ filing.

He got cold feet earlier, so we had some issues to iron out.

It sounds like you have a very complex situation, where a bank may not feel like venturing unless everything else about your application is iron-clad.