Hopefully I can provide some insight or answers to your questions.Thanks Dallon, I will definitely lean on the professionals when a deal passes preliminary analysis.

You’d be shocked by how little actual screening many PMC’s do!

You’d be shocked by how little actual screening many PMC’s do!

I think a lot of them are still shell shocked and trying to get insurance money and repairs done to their regular homes and businesses.I’d say to get your rent number more narrowed down now. $2000-$2500 is a big spread that a lender won’t be satisfied with.

I can see how people who are not from San Diego area can be shocked at the price of properties where this unit is located.  

If they hire the same attorney there will be delays, but we can go and and file the suit and start doing the preliminary steps.

In general when there is high equity but existing loans a good plan might be to come up with enough down to cover their loans, and I think to cover their current taxes dues on the sale too (some don't look into that and are shocked).

I am shocked that we are all doing as well as we are.  

You’d be shocked by how little actual screening many PMC’s do!

During my signing appointment my agent was shocked with my knowledge of all of the obscure number and terms of the mortgage documents.