It's been my experience that when you get to underwriting they err on the side of caution and don't fund everything the Fannie Mae guidelines allow.

Maybe its class of units, but i would always err on the side of believing tenant and helping them (esp if they paid rent) - i mean even if they never paid you for the 2 days of utilities - that is a very minimal amountTenants will treat you as you treat them.

If you are using erroneous numbers especially on the repair side your investment can be upside down in a hurry.

I would err on the side of the caution and continue to proceed with your exchange in identifying three properties before your 45 days are up.

then I would err on the side of caution and use common sense I've outlined.

It has a renter in place but selling at a great discount and all the numbers would even when inflating everything in order to err on the conservative side.If the loan payments are factored into the refinance underwriting, there is no way that the DTI ratio will work out.

On September 24, a Notice of Noncompliance was filed stating the BK was done erroneously because there were certain schedules that would not filed as required.

In my state of MA, wrongly withholding any of the tenant's deposit can expose you to treble damages, so landlords either don't bother with the deposit or they err on the side of caution. 

Besides the fact that I am not in the same country as the buyers and communication with these unknown people would be difficult, the title company representative who emailed me of the error provided completely erroneous figures for the amount owing, and now we do not know what the taxes actually were that were applicable to my time living in the house (just prior to and for nearly a year after my father´s death).

Although, when factoring in the two months of mortgage savings, then your revised recuperation period is very short at 0.57 years. 3780 / (1548 + 2240 + 2240) = 3780 / 6028 = Recoup of closing costs in 0.57 years when factoring in two skipped months of savings.My recommendation is to err on the conservative side.