The final rate that was offered to you was 6.5% at a 30 year fix.

Finally, certain banks are comfortable with certain kinds of customers. 

Home went to tax sale county kept excess proceeds.

Someone can be a brilliant tax person but horrible to work with, and also vice versa. 

I've done it at times, sometimes 6 figures, but always do it so that there's no tax burden on my recipient.

Since the trust is a disregarded entity, the benefit is bypassing  probate, not tax issues or liability concerns. 

On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.

The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!

However, these programs typically qualifies borrowers based on their income, such as tax returns.The DSCR would be a good option considering you and your husband are entrepreneurs and the tax returns don't look good on paper.

If you're using Zillow or the tax district or almost any public facing website, I always question how good the comps are.