we have excellent credit: 791 and 761our house just appraised at $1.1million and has $417K fixed 5.25%mortgagei am self employed and always have gone stated income.are there any banks doing stated income lines of credit??

It was commonly used for larger plots when I lived in TX.

Common for many programmers to forget that there is more than the US model so not completely a surprise.The 'bug' is the following.

A common theme among newbies is, they pay to much for their first property, they don't understand cash flow, and they complain when they have to take a loss a few years down the road because they overpaid in the first place.

I don't know if the bank would give you that info but if you go to the county's Registar of Deeds you should be able to look it up through the property ID number or name of the previous owner or by the commonly known address.

If you are required to give any personal notice then make a new lease to the person behind the door.Having two individuals who are not married can present problems as to who can be made to pay for damages, it may be equally between them, not good, or it could be either one being fully liable, taht will come down to state law and local custom to how a judge thinks.I have had many college students and this is commonly arranged in this area.

These days, its pretty common to see the seller pay the buyer some concessions.

Believe it or not - HMLs at this level are actually more common then at smaller amounts.

Now I'm using it to keep track of my employer's list of REO and all the data associated with each property.If you decide to sign up for a trial account with Salesforce, make sure you go to the "Appexchange" (their directory of add-on applications) and install the REO HQ app into your Salesforce account because it was built specifically for REO related stuff.

One strategy we employ is to take that 200k buy as much as many multi families in your area with cash.