Is you're banker willing to help you out if the bank examiner or whoever buys the loan starts poking around and discovers you're not living there and have never lived there?

This will even help you discover/define your USP.

Even if you have great personal credit scores, strong personal financials, strong business plan and experience, you are in for a serious of disappointments trying to get a large amount of business credit from financial institutions.

All applicants for licensure as a broker must complete one of the following as proof of completion of the education requirement:a) a specific 36-hour brokers course of approved education programs in business management from an an approved Wisconsin school AND if applicant does not presently hold a salesperson's license in Wisconsin, applicant must also complete the 72-hour salesperson education requirement; OR b) a transcript showing 20 academic semester-hours credit in real estate or real estate related law completed at an accredited institution of higher education AND if applicant does not presently hold a salesperson's license in Wisconsin, applicant must also complete the 72-hour salesperson education requirement; ORc) a photocopy of current bar membership card or a certificate of good standing in the Wisconsin State Bar.

My agent has also discovered that the lender that holds the sellers mortgage is an investor or investors, not entirely sure which situation or the structure of their deals etc.What is the rationale for setting a closing date so quickly on the heels of the short sale approval and so far in front of the redemption period?

Or does that depend on the size of the institution?

OTH, let's say I was hit by a Mack truck, incapacitated to the extent I could not perform, I would point that out and clarify what constitutes default beyond just failure to close.IMO, banks and institutional sellers will continue to push the limits to manipulate buyers.

OK, I'll confess I didn't make it through all of the discussion, but I get the show stopper to be forward expectations of rising rates built into the instruments.Someone back earlier in the thread mentioned interest rate swaps (or possibly a forward starting interest rate swap in the case of a 3/1 or 5/1 ARM) as the perfect instrument to accomplish this, but they're only available in the institutional space.

They travel a lot for business and came home to discover he had bulldozed a wide (100 yard) swath where the fence went.

.- I've shared your survey of the 8000 FDIC institutions you handed out last week.