Hi All,I have a question to anyone who works with banks and handles applications for loans. How much does support documentation assist with getting an approval. What I mean by support documentation is profile of buyer...

So, if the parties negotiate with each other, it is always an element of negotiations to say to the other party something along the lines of, "You might be right in what you are claiming that you owe me only $XX, but you will have to hire a lawyer to find out, so save the legal fees and pay me $XX plus $YY, and it will still be cheaper than paying the lawyers." 

Once you approve them as a tenant, contingent on SEC 8 rent approval, the tenant will give you a package of paperwork to complete that outlines enough info about your unit that will allow the case worker to determine 1) if you are asking a "reasonable" rent and 2) if the rent plus utilities is "affordable" for the tenant based on the tenant's current income.

They're all over bigger pockets.Create a package and start networking!

I was in the same position as you.Find the deals, create packages for those deals, then go and raise the money for those deals with your investors. 

Another thing that I'm somewhat concerned with is the tax lien on the property, assuming I package that in to the ARV algorithm?

Hey everyone, There are various ways to analyze a specific property and there are ways to individualize different elements of Market and Neighborhood data. 

An experienced co-op listing agent will know how to vet buyers and financially qualify candidates for board approval, will know how to present atypical candidates, will know how to put together an iron clad board package, etc.

This means that many elements of the contracting environment can be hardwired into the architecture of the security.

They have a good insurance package, but finding a home is tough.