Now, I'm sure bankers are just as susceptible to the telephone game as the rest of us, so perhaps this is a more limited guideline that's being applied overly broadly.

These services, if you are interested, include Clarity Accounting, FreeAgent, Outright, WorkingPoint, etc.For a business that needs a more complete accounting solution and yet remain simple, the choices are Xero, Saasu and Kashflow.

THerefore I still haven't filed my return but based on what he said I don't think it would matter.My question to the BP world is, do you think this lender might be making this regulation up so that he can switch me over to a more profitable conventional loan?

Get your inspection done, call on the for rent signs and go visit a couple places to see how yours compares, then you can make a more accurate estimate of the rents you can expect to receive.

Hi Chris,I see that there is a more detailed plan and a solid dose of reality behind your long-term goals which is great!

Investors will also return once pricing begins to flatten since most of us do not want to try and catch a falling knife.So, to answer your question more directly, this is temporary and short sales will again be a more viable once again.

In a more expensive house, there will be higher expectations for the level of finish; if you're in a lower price area, expectations on the finish level won't be as high.

And if the property is in a more rural area or is in rough shape, perhaps raise the cap rate to 12-13%.But, that should give you a rough idea of the value from an income perspective...

I can do a more thorough inspection more often than this clown with the screwdriver.

The HML is giving you, just my guess, a more realistic price.