I'm in the process of purchasing a STR and am intrigued by the 3-2-1 buy down. 1st year of the loan would be 4.5%, 2nd year 5.5%, 3rd year 6.5%, 4th year standard market rate.

Know the lingo and the processes.2.

.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.

We would have preferred to work with them within reason to make it a quicker and easier process.

Either way if the balance is 140k, without going through the short sale process (which will take a few months) no one can assure you of any approved sale price.

This is very much a learning process for me 50% rule, 2% rule so on so forth.

Ananth--if you used an attorney to process the eviction, most attorneys will also pursue the collection of judgements on your behalf, too. 

That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).

They’ve just been telling me it’s been processing with Underwriting for three months now.