They want as many coming into their funnel as they can get, then they simply churn through them. 99% of them are useless and the remaining 1% are mythical much like Bigfoot.

The finished rehab put the cost @ $72 sq ft but it's 'bones' remain a poorly constructed 2x4 & we will sell it once she finishes college.

This enables them to control their own coverage to make certain it remains current and in force- so they’ll have it when they need it.

I believe the correct process is to take the remaining depreciable amount for the disposed of items and claim as an expense in the current year.

We now have substantially more competition on pricing than even 10 months ago.Again, we don't sell properties but i can tell you that the strongest leasing markets remain Tempe, Chandler (for the Intel pull) and NE valley.

IF I do nothing, the remaining CLTV here is 0 and I get a turnover.

I have seen no leases, money hasn't been deposited, no rent roll, and non-responsiveness.I remained kind as possible all the way through and managed to get most of the money orders rent for this month.

Sometimes I was there, or he would just leave a check.Ideal situation and we remain friends to this day.

You were willing to pay for the first and the second mortgages, and the IRS lien could be released from the property and remain with the debtors who owed the IRS in the first place.

Of course, since banks no longer feel comfortable making questionable loans without federal backing, the FHA remains steady in the wind to offer low-entry product to the same applicants who would be turned away without its gratuitous underwriting.