@Rousner Ermonfils whatever you do make sure you stick to your policy and procedures.

It comes down to screening and proper policies and procedures when a problem does arise.

Unless state law requires foreclosure procedures under concepts of courts of equity, the procedures are NOT the same as a non-judicial foreclosure. 1-4 is a SFD, if a property, any property is to be used commercially or has a business aspect, it may be financed as a commercial loan.

That is all I will do, I will never talk about audit trails, examinations or audits in detail, it's classified to some extent, if you need to know more most examination procedures are in the Examination Procedures on the internet of each agency, what is not posted is internal aspects and techniques that I'm never going into in a public forum.

You may want to get some professional counsel to make sure your screening procedures are compliant with FCRA and Fair Housing regulations.

Nice and simple for you, but as show above, like it or not, some of us have to follow State mandated procedures :sigh:

This is standard operating procedure.

They buy lots for a low price from current owners and put them into one of their shell companies who in turn flips or sells to the potential new investor for an inflated price without affiliated business disclosures, multiple assignments in multiple names, lender does not see addendum to contract for inflated price for kickback monies done outside of closing.....just a synopsis of procedure

We always increase each year even if just by a tiny bit to keep tenants aware of procedure.

The plan specifies "Participants and beneficiaries can obtain, from the plan administrator, without charge, a copy of the plan's procedures governing Qualified Domestic Relations Orders."