However, once we received the title report, we started to question if we bid to high for the lien. 

I believe they changed the guidelines years ago on the amount of seller assist you can receive on an FHA loan, so I’d look into that with your mortgage company before making an offer, but definitely use that to your advantage when writing an offer!

However, I just received the closing docs, and the rate on the 6.9% loan has been increased to 7.8%.

I have collected emails received. --------------------------------------------------------------------------------------------------------------------- Here's the information I promised texting you about how we can help you achieve your financial goals and foster your personal growth.

Did you receive security deposits with interest and pro rata rent for the month at settlement?

However, I received some feedback from one of my partners that the play here would be for an investor to subdivide or re plat the land for a multiple tenant situation.

I received my desired density and $1.3M in imputed equity that recently allowed me to finance the construction at 87% LTC through a bank.

Thanks, and that is what I’m so concerned about, is issuing 1099’s (either myself or CPA) in error and really causing a mess for the person receiving them.

They cannot arbitrarily make wild gambles because they feel like it - they have to operate within established risk parameters that are approved by several regulatory bodies and internal controls.

Not to get too into the weeds, when you are face to face with someone, you can watch for mannerisms and non-verbal body language.