If the home that was foreclosed on was an FHA home, it is possible to use the date when FHA actually paid the insurance claim.Example: Just had a borrower that had bankruptcy exactly 3 years ago.

Many of these are a result of the Dodd-Frank changes that took affect on the 14th which lowers the borrower's DTI from 45%-43%.

Helping the TBer borrow money from loved ones is a good idea for option fees.

If you borrow and take a loan using that car as collateral (security) the lender puts a lien against the title and usually holds the physical title document for safekeeping, while you drive all over town.In order to sell the car, a buyer wants not only the car but the original title document reflecting that the lien has been paid (satisfied).Real estate is a bit different in that the title document (deed) is recorded within the local county to tell the world who owns it.

We purchased this property below market at around $41K, borrowed $9K to fix it up, rented it out for a bit when we moved out and sold about two years later at $69K.

ROI= Profit/Cost If you're borrowing money don't forget to factor in holding costs as well.

I feel like the Crowfunding companies ability to organize and qualifiy borrowers is much more of a factor than what the borrower spends it on.

This means that they will depend on your stable job and good credit as signs of a good (and probably repeat) borrower.

Why don't the home owners borrow against their equity or sell their house and pay the back taxes prior to the sheriff sale?

In addition, even though he is a good paying borrower, if he constantly over the life of his credit or recent past, refinances the scoring will reflect that trend.