They are engaged, with the strong candidate having +700 credit and single handedly has a 5x gross income to rent just on her salary alone..she also just graduated college as an RN and could get the house on her own merit.

I understand the concept the book is talking about (I have to admit it's been a few years since I read it), and as a principle for evaluating your options, it has merit.

“The recordation of an instrument facially valid but without underlying merit will give rise to an action for slander of title.

In order to do so, all one must do is find an SBA bank that is willing to do the refi based on the merits of the deal and take the terms offered to the SBA lender with the current mortgage in place.

Hey guys ..I'm a newbie, I've got great credit and cash for a down payment isn't a problem.So, using the 2%50% rule I've found a SFR in a nearby neighborhood that merits a closer look.

Obviously, these aren't hard and fast rules but tools to help find deals that merit closer scrutiny.Sound right?

Here's a crazy thought ..not sure if this has much merit, but I'm just rolling with this sudden thought that is cascading through my mind ..I'm a newbie, haven't done my first deal yet, but I feel like I am fairly well underway with the "pre-deal" education.

Using FHA guidelines, lenders will make a credit determination based on the merits of each case.

In my opinion, the seller is just giving up money and negotiation room unneccessarily; the property would probably have sold on its own merits to the same buyers without a bonus in place.

But we've noticed enough calls from folks who say they held on to our piece for months before deciding to call, that we are discussing the merits of new campaigns knowing that we may not receive the action we are asking for right away.