but if for some reason you had a hiccup or loan got called and the seller is now getting letters that their credit is getting trashed from non payment that's when you will have issues.. generally they lawyer up you get a bunch of nasty grams etc..  

Would need to find non-student, low-income tenants.

@Nicole Heasley The more times you go through the process the easier it will be to know what banks want to see but in general,  A personal financial statement (list of debts and assets--shows net worth), a summary of your current cash flows (shows where your money comes from and goes to AKA a global cash flow statement), tax returns (for non commercial loans), a bio (tells about you and your team), a deal summary (info about the current deal) and maybe a summary of prior deals that are similar that you have done

FHA Does have have a “non occupying coborrower loan”....I don’t remember the specifics, but is like a 1020% down payment...talk to a lender.

BP posts have tendency to be too broad and include high, but prudent, leverage in with other reckless leverage strategies. yes what I see is risky was the post 2 weeks ago now"  thank you BP  0 to 15 units in 1 year)Broken down  Rookie or non experienced landlord  Never owned a rental before..

(And yes, face-to-face meetings with landlords and property owners is non-negotiable.

(And yes, face-to-face meetings with landlords and property owners is non-negotiable.

I could HI Kevin,This transition that you're asking about above is extremely important to transition smoothly and plan for because it will ensure your subsequent VA use for additonal purchases.Once the current property is refinanced with a non VA loan this will free up your entitlement for additional use.The max conv limit in Ventura county Ca is 672,750 and the max loan limits for a high balance loan can go up to 95%.So what this means is theoretically you could refinance up to 672,750 loan amount with an appraisal as low as 708,158 dollars or higher before your loan is subject to jumbo/non conventional guidelines (much tougher to qualify for and has lower LTV's).The VA loan has some key features that other loans dont have:- a trade off of no monthly PMI but the upfront PMI is huge, equivalent to 2.15 - 3.30 Points (borderline hard money points).

The guy basically said they will find a qualified person who wants to be a home owner but is unable to buy, right now, and they will put down 10% of the purchase price, which is non-refundable, and we will settle on a sales price. 

No disclosure of your name in the public record.As to your tax filing question, it is also correct that there usually is no non-filing exception for entities.