You can play hide the ping pong ball under the cups, but at the and of the day, you have to come up with more principal sooner.

Hi Dee Dee, I see that you posted this 6 months ago.

Chris,Ask your buyers for their POF, then just show that to your seller--remember to hide the name, address, etc. before you send.Best to you!

It looks like the deal is dead because you have something to hide.

Now I'm literally down to skim coating the stucco walls (they did it to hide the water damage), refinishing the floors, putting new light fixtures in and finishing the remodels on the kitchens/bathrooms. 

My thought process in using the 50% rule is as a hide line to see if the numbers even remotely work.

This provision is intended to eliminate wrap lenders’ incentive to hide transactions from the original lienholder, who may have a due on sale clause.

In today's digital world, we are so used to simply searching the internet and picking something from the first few results of search, that we often joke around in the tech community that the best place to hide a crime evidence would be the second page of google search.

Weed out 99% of them by immediately requesting a conference call on Skype where you see them on video.Scammers tend to hide behind a keyboard with smoke and mirrors.Legitimate mortgage brokers or lenders have no problem getting paid their fee when it closes.If a lender tells you everything is fine etc. when submitting your deal then run.

Thats about a year of my net cashflowanyway i have a few questions to ask him.. i see a $3750  charge for points which him and i never spoke about... let me know if i have something i can negotiate or should i find a different mortage lenderPURCHASE PRICE: $250,000LOAN AMOUNT: $187,500INTEREST RATE: 7.990%APR: *8.370%TERM (MOS):360PAYMENT :**$1,895.50CASH TO CLOSE: $75,447.42250K PRICE 2 UNIT HOME INVESTMENTDOWN PMT/EQUITY: $62,500.00 LOAN TO VALUE: 75.000%APR COSTS: $2,819.67NON-APR COSTS: $2,647.75POINTS: $3,750.00UFMIP/FF/GF/SP: $0.00PREPAIDS: $3,730.00CONTRIBUTIONS: $0.00EARNEST MONEY :$0.00CASH TO CLOSE: $75,447.42FEE DETAILHazard Insurance Reserves: $250 Hazard Insurance Premium: $1,500 Taxes Reserves: $1,980 Application Fee: $1,280 Points: $0 Appraisal Fee: $675 Credit Report: $37 Flood Certification Fee: $8 Tax Service Fee: $68 Title-Courier/Exp Mail Fee: $80 Closing Protection Letter: $75Electronic Document Delivery: $25 Title Endorsement: $100 Title Examination: $100 Title-Lender Title Insurance: $843.75 Title-Settlement/Closing Fee: $625 Recording Fees: $470 Buyer's Attorney: $1 Title - NJ Tideland: $20 Title - NJ Upper Court: $13 Title - Notary Fee: $25 Title - Notice of Settlement: $40 Title - Recording Service: $10 Title - Search : $13 Title - Tax Search: $35 Title - Transaction Management: $35Title Abstract : $175 Title Bankruptcies: $13 Title Municipal Search: $55 Title Wire Transfer: $30