This was a key detail that the agent should have updated immediately Just remember for future reference to get everything in writing.

And the buyer is typically poorly qualified to buy (or else they would just get a loan.)So, from an agents prespective this isn't worthwhile.

Daniel, no matter what lender you use for the 3rd, they will be asking you that question, as the loan will come up in a credit check, and you will probably be asked to explain all your investment property loans and reserves in detail.

Very time consuming and you need to make sure you are on top of details on both ends to make sure things to smoothly.

So when I emailed on Aug 20, I detailed the payments they missed, including insurance, and my efforts thus far to collect.

Look for rehabs going on in the area and get the owners name from the work crew, or leave your deal details there.

Most of them have had this made clear at the beginning of the term also, without going into detail.

Then, for most of my houses (at least all the recent ones), you can probably dig up a post that details the exact expenditures (broken down by task) that went into the rehab.

The problem is I typed a nice detailed e-mail trying to do a basic needs analysis but all he responded with was 10%.

I'll get in touch with you later for the details.