Hi,I just finished reading this article that explained how the different tax laws worked together.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Explain what happened.

What is VTB? Does it trigger due on sale? Does the home have to be “free and clear” to do this? Will the bank allow this if there is a mortgage already on the home? Asking from a buyers perspective

So just be aware, some day for some reason they cannot explain to you today, they may simply decide to quit lending to you on theses kinds of programs.#2 - Assuming you are getting a super sweet loan program like an FHA conventional mortgage or some other mortgage that will get sold on the secondary market: pretty much all of those loans have what's called a "Due on Sale/Transfer of Title" clause. 

no mention of 75% LTV. what i’m not looking forward to is another 30 days of explaining my finances and rentals to the under writer. my previous loan was great. bar rate 4.65% $1700 all in fees. small loan amount. but wondering if i could have done this a lot earlier?!?

It doesn't bind you with common liability risk the way a partnership does.The legal website NOLO.com explains it this way:https://www.nolo.com/legal-enc...Joint Venture.

I just explained to them that I didn't see any other area to include the updates I have made other than the contractor section, so I included them there. will this be a potential problem?

They will be glad to explain the answers to your questions.

Then you can explain the options they have.