Ask questions, be careful of second liens like government loan or assistance down payment.

Ben,It applies to Conventional loans and other programs as well because its seen as a "Business expense" but you have to provide either 12 months cancelled checks or 12 months business checking account statements to show being paid for all 12 months.

In the mean time, we can help the U.S. obesity rates by faxing documents so that government workers can get up from their desks and walk to the fax machine.I got an account at eFax.com which came with a fax number and I can receive 10 pages a month for free.

You need to match your self and your scenario with a lender who offer unlimited products and programs with prime rates.

If this is a Non-QM program, it should also default to these guidelines. 

This criteria is for 1-4 and 5-8 unit programs.

Charles, thanks for the biggest laugh I've had on BP.After reading your first post I said to myself - perhaps he’s on the After Repair Value.gov Government web site – lol!

Tax sales are a balancing act among (1) the need of government to collect property taxes and, if owners will not pay then, then to provide incentives for investors to purchase the tax rights and (2) investors, who need an attractive return for the risk they are taking, and (3) citizen taxpayers, who should not lose their property and all equity because of small debts and perhaps temporary or at least relatively short term financial difficulties.

Utah is a non-judicial state, which means that the procedure is governed by state statute.As a beginner, I think it's best to focus on pre-foreclosures.

This has had a net positive effect on mortgage rates with prime Government and Conventional (FHA/VA) often beginning with a 5 in the front and some DSCR rates now in the 6%'s...The on the ground response is likely a dramatic increase in buyer activity/competition.