That is, they don't want to see it in your bank account for three months, and don't demand an explanation of where it came from.

If you click around on a few profiles, you can get a better explanation.

Also you'd have an illegal kitchen, since I doubt the city would issue the permit for a second kitchen without an explanation so now you're open to code violations ect.You can ask a RE attorney to be sure, but I think you'll find you don't have a leg to stand on if anything happens.

It's very important to follow all of the rules.This is a very simple explanation, like I mentioned there are alot of rules you have to know and abide by so talk to an experience agent.By the way, you can exchange your properties individually or collectively depending on what you are buying.

Some fans of this strategy have better explanations why its safe and viable ,,,than others.Keeping thought thought ,Ive heard Killer Investors here in Los Angeles say they wouldnt touch Lease Option with a ten foot pole,,,very frustratingUltimately you gotta "Man Up" and make your own decisionKeep me posted,Ill do the sameDave DoyleLos Angeles

It could certainly save you money when your next need for financing comes along.Your initial capital for a down payment and mortgage reserves will be huge for you in getting a HM loan, you shouldn't have a problem finding one. there are programs also got period with terrible credit, worse then yours I'd imagine, and our lenders simply request Ann explanation of your poor credit.

If I missed something in my explanation please let me know so I can explain myself and hopefully get some verification moving forward.

@Brett Tousley thanks a lot for your explanation.

My question is the reasoning of both agents from same company by Wells Fargo a common explanation or just an excuse?

Sam Craven, Again thanks so very much Sam, your explanation has cleared this up for me.