I am not an agent or a realtor or a banker, I am just an investor.1.

Prior to returning the 1099 you should ask them how much assistance they have awarded the tenant and the date they will send the check to you.

But then it was a nightmare of communication, we soon realized that we had to do a bunch of songs and dances to convince them to sponsor our deal, it took 4 or 5 days for them to make time to sit down with us only to tell us that we needed to schedule another meeting in another 4 or 5 days to get Tyler on the phone and let us try and convince them to sponsor us and by that time someone else was awarded the deal and we lost out.

. :) This statement is not true.To clarify.When you talk to a banker up to four units can qualify for residential financing. 5 or more units must be considered commercial.

This means the plaintiff and their counsel only gets compensated if there is a settlement/jury award that gets paid out.

Having a Pre-approval letter or better yet a loan commitment and a Banker to call and reassure the sellers agent you can close in 30 days or less also offers a huge advantage.In this market using a DPA is not a bad idea since rates are high and when they drop you simply refinance for a lower rate and payment. 

Deandre,As a Banker I am not a big fan of borrowing money for the down payment unless its from family or a close friend.

We had to make a presentation and be awarded the property.

Karen I have to agree with AJ Wong, as a Banker I have to double down on what AJ mentioned for the 30 Year 10/1 ARM.

Awards like the Hank Aaron Award and others will be announced live from The Chelsea at the Cosmopolitan on Nov. 14 on MLB Network.