Thanks for the response Curt my emd is already set at $500 and I do have my pof already in. I

Hence, the reason to ask every time you call in. I

He wanted to include the potiental rent from the new property as income, but his realitor told him he could not, because it has to be income claimed on his taxes.I am not so sure about this, because I had qualify back in 2001 for a new loan using the potiental income from my house that I was still living in. I

I would say I know a place in LA (Im in IE but Im good anywhere in socal lol) that gets NOD's 24hrs after they have been recorded for a flat monthly fee.They have their office inside the La hall of records.Not sure if this is where you are looking for but if so just send me a pm :)

Closing costs including commissions need to be added in Y.

One home is rented to a son and his family at a rate that covers the homes expenses - that home was purchased for that reason.The second home had another of my sons and a couple of his friends in it, they have moved out and that home is now rented at market rate.Home number one is a wash, I knew that going in (actually, both homes were a wash going in, I knew that on both of them).The home that is now at market rent will cash flow some, not a lot, but it will cover it's expenses and throw off some cash.

What state are you in? I

I was just wondering if hard money lenders will usually give a pre-approval letter so you dont have to run to them every time you want to put an offer in. I

*This does not sound like an investor deal for you, it sounds like you are buying a primary to live in for your family.What you need to figure out is1) state of your market (still down, flatlined, moving up)2) if this is for you to live in, I assume you are renting now.

Moving back in is not a problem, but to defer the gain on the sale, you need to be in the home for two years, it's not the period of time you own it, it's if the property is your principal residence.