It only took 3 months to go from a 550 average to 639 (lowest) - 701 (highest), depending on the bureau. 

They likely won't be able to obtain any traditional financing to pay you off if the home is in foreclosure and/or if the late payments were reported to the credit bureau.

Great insight from Account Closed, just a heads up that there are most likely bigger changes coming on the development/permitting side of things as the City of Portland just ousted its long-time Director of Bureau of Development Services.  

Be like Warren Buffet look for deals where no one else is looking.Have the seller pull a 3 bureau credit report on the payor and see if he/she has the capability to pay the second.

As per the ministry of micro, small and medium enterprises any service sector unit with the investment in equipment of not more than 2 crore falls under small business.

If for title company, you'll need full certificate, not the informational-only version with redacted data that many state bureau of vital statistics offer.

They just want the deal to close and move on to the next one.If you're ready to close, that's the "CD" or closing disclosure (it's a new form in the industry that the CFPB (consumer financial protection bureau) put in place for every loan from now on, instead of the old Good Faith Estimate and Truth in Lending. 

The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify that the borrower is capable of repaying the loan, just like a traditional mortgage lender must.

I'm the President/CEO of Universal Son Enterprises LLC. 

Some people wish they did, but unless you're in Ohio, they don't care.Some of the advice on BP comes from people that HATE wholesaling, so they will over-exaggerate the risks of doing it, tell you it's illegal, and make you think you're setting up a criminal enterprise.