Another very common DIY mistake I see in LLCs are people using operating agreements and certificates of formation designed for disregarded entities and partnership entities, which typically automatically disqualify the entity from electing S-Corp status.

Hello,Anyone in SC understand how Bond for Title works in regards to owner occupied status for tax purposes?

(Instead enjoying the LTV status) So the question becomes ..... should I use the money to invest in another property or pay the HELOC?

(Instead enjoying the LTV status) So the question becomes ..... should I use the money to invest in another property or pay the HELOC?

. 🙄 I feel they are pretty standard for the market:Applicant must have current photo identification and a valid social security number.Applicant's monthly household income must exceed three times the rent. 

Here in Southern California, we used to get 2-3% response rate on a mailer to property owners regardless of owner status.   

(ii) Buyer shall keep Seller and Broker fully informed about the status of Buyer’s mortgage loan application, Loan Approval, and loan processing and authorizes Buyer’s mortgage broker, lender, and Closing Agent to disclose such status and progress, and release preliminary and finally executed closing disclosures and settlement statements, to Seller and Broker.

My issue is that there have been way too few successful, experienced local RE investors at both San Diego BP socials that I went to. 

I'm just curious why title company still asking for my marital status

How does this differ from current status quo?