I own several rentals and don't have an LLC, DBA, license, or office and I have a regular full time Job that doesn't involve RE.

The Loan Officer I spoke with told me that a HomePath Mortgage wasn't an option because they won't do a loan on anything under $40k and that is much better than the $100k limit that most of the other HomePath lenders are currently working with on NOO properties.

I currently have my office at home and i feel that this is limiting my capabilities.

Jon, my plan was to finish drinking my coffee and hit the coin shop on the way to my office this morning.

Get familiar with the county clerk (recorders) office.

Start from the county recorder's office, in this case I used Cook county, IL.

As everyone in the real estate business knows (whether agent, lender, mortgage loan officer) you don't get paid until the deal gets done.

Yes, the HARP program only allows refi of the 1st, and supposedly getting the lienholder to subordinate isn't a big deal according to my loan officer.

I have a full time CPA in my office as well as a well paid firm who oversees him.

Taxes are $9,000 based on county appraiser's office (if it matters the county appraiser lists the property at $340,000 -- with land being $175,000 of that number).The area is a great area.