I have a potential tenant who wants to lease for 6months instead of 1 year, my standard lease.I said the deposit is 1 month rent for 1 year.

The standard 6-month seasoning requirement on cash-out refinances has been eliminated.

I want to do actual costs on my car (new 4 runner) and standard mileage on her car which has much lower operating costs.Is this OK?

Originally posted by Account Closed: Debt Service / 80% LTV / 20 yr amm / 6% = 17,882.16 Is the 20% down/20 year a "standard" in 5+ unit purchases?

I wanted to get opinions on a contractor quote for rehabbing a garden unit apartment. 700 sq ft, would need a full gut, including excavating the concrete slab floor to level and increase ceiling height.For a basic reno, what would a ballpark estimate be to take the place down to the studs, dig out the floor, and rehab with standard finishes, which would also include granite, simple SS appliances, new wiring, and can lights.

This states that they failed to meet minimum standards for qualification.

Is this the standard guidelines for a reverse mortgage purchase?

I've always used my states' standard purchase agreements, which I think include a line about transferring security deposits and prorating rents at close of escrow.

Is the property an REO or short sale or is it a standard sale?

The value is too high for a rental, so your best way to sell it for highest price is move out the tenant, clean it up to at least a presentable standard and offer it to the open market at comp rate.