That is who I used for my FHA loan, as well as all subsequent loans.

The pre-payment lined up with when they were likely to refi so there was no prepayment in most of their deals.As the pre-payment is a sliding scale so if the plan changes after part of the intial term they can just pay the extra charge.

If another record is found the system automatically notifies the lender through an alert to delay pending further investigation.Most importantly, the tool retrieves the information allowing users to identify the entity or entities perpetrating the potential fraud.It can be used to screen already closed short sale transactions enabling the lender to continue to watch the property for a period of time and generates an alert for any subsequent loan closed on the property, the original short-sale lender and the resale lender.Moreover, it provides post-closing alert notifications, reviews of sale terms for violations, and alerts the new lender about potential for fraud in the dual transactions.Retrospective short-sale analysis helps detect fraud, assess pricing-method accuracy and pinpoint problematic areas to avert future losses.

@Dell Schlabach, I like what you do to file info that subsequent buyers would easily find.

The challenge was to get all the money that we contributed back out (via refinance and subsequently converting a collateralized line to LTD on the balance sheet) as (ultimately) a cash distribution.

If the tenant is solid then I would let this slide, but let them know that if it happens again you have to charge a late fee.I have seen landlords chase quality tenants away because they get nit picky and what does the tenant do? 

I had a tenant do this to me once on the third month they were there I tried working with them That was a big mistake She started paying rent on time with a threat of court action My opinion take court action do not wait This is a businessIt is the tenants responsibility to get you or the pm the rent no excusesIf you let the tenant slide they will continue to push youSounds like you might need new property manager that will take action and not call you with excuses

As oil slides and layoffs continue in the Houston area, I believe most r/e investors are making some form of adjustment(s) to their portfolios or the way they buy, or what they buy.My investor clients seem to be all over the map in terms of their approach.

Most people CANT catch up and are hoping they can slide by 

I have seen people post on BP that lost the 3k and subsequent submission monies I think they said 600.00 per submission because the deals were never good enough.. and beginners rarely find deals good enough to meet the criteria and just run out of money and enthusiasm. and I have seen people post on here it went well.but from a practical standpoint.. its going to be very very hard to find 70% ARV deals that are brought in with zero equity.