Prepare a professional looking report and meet with them to review.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hey BP!

You will be more in the $350k range for a loan assuming the bank will lend on the land. 2) income will be verified on taxes so if you are not reporting the cash as income - it will kill your DTI and could create an issue.3) see number 1 for LTV constraints4) DTI will be difficult without taxable income that can be documented - likely created an issue. 3 houses that don't create income will heavily offset those that do.

I am not sure in STVR, how would the renter report repairs if there is any, any they will only be there few days.Hope it encourages you!

(A recorded trustee's deed (or similar alternative) confirming the amount paid by the grantee to trustee may be substituted for a settlement statement if a settlement statement was not provided to the purchaser at time of sale.)The preliminary title search or report must confirm that there are no existing liens on the subject property.The sources of funds for the purchase transaction are documented (such as bank statements, personal loan documents, or a HELOC on another property).If the source of funds used to acquire the property was an unsecured loan or a loan secured by an asset other than the subject property (such as a HELOC secured by another property), the settlement statement for the refinance transaction must reflect that all cash-out proceeds be used to pay off or pay down, as applicable, the loan used to purchase the property.

No additional occupants are permitted in the unit without Landlord first running a credit and background report on them.

What happens when at closing they pull a report to confirm nothing significant has changed in your financial situation - and they realize that it has.

It's still a couple weeks out but I report back on how everything went.

You may want to do all the admin work behind syndicating a deal(working with accountants, delivering K-1's, answering Investor questions, possible audit reports, etc).

View report*This link comes directly from our calculators, based on information input by the member who posted.