The borrower must front the cost of repairs and then be reimbursed from the rehab escrow account at each of the five draws allowed.I think, with the current mess, they'll bring back the 203(k) loan for investors, but with more oversight features to (attempt to) avoid the fraud associated with investor loans.By the way, the news is that 50 new FBI agents have been added to a task force in Southern CA alone to address mortgage fraud.

The good news is that you can deduct business expenses from Schedule C, so you may want to get with a tax accountant and see what business expenses you may deduct.

If they didn't notice, or report to you that there seemed to be a problem with cooling, why?

I'm with CJ & Dan on this one" One of the aspects of most mortgage fraud schemes that is so troubling, is that it depends on the collusion of industry insiders," Delaney said during a news conference at the U.S.

Ask him for a blank form that he uses as a checklist when he prepares his report.

Later, I will do all of the steps that you mentioned and report back as well.

:lol: Every one of my tenants has jobs and better credit reports than me.

I see this as HUGE news.

I also have a nice bound inspection report :D And as TC described, I had the same problem with the pipes in the upstairs bathroom of my first rental property.

And that's just whats reported, so you have to think that's an optimistic view.