The landlord can set lower standards, as long as he does not illegally discriminate.

John, I would check the quality of the wood after sanding.

Not really a bad thing as it seems pretty standard, but I recently put in an offer for a friend of mine on a BoA foreclosure, and it took them FOREVER to get back to us.

I did a walk through with each to make sure they were quoting similar scope and materials, as well as to get a feel for experience, quality, integrity etc.

Is there a standard formula used to calculate the cost of the equity?

Has anyone been delayed more than once with Hubzu closing or is once pretty standard and then they do produce the missing document?

Our properties in the Atlanta area are just north of 1%.That's pretty standard these days in much of the metro area, at least from what I'm seeing...

I am planning to purchase a multi-family unit which I think will offer me the best return for my buck but my credit is in the 650 range and I know lending standards are pretty tight right now.

They are very poor and by most standards very wealthy.

I WOULD qualify, if they counted the $25,000-30,000 rental income the house produces, but I have heard from two companies they will not count rental income for owner occupant loans.Is this standard Fannie regulation?