@Neal Collins   (is that how you tag people) I work for loanDepot as a Builder Account Consultant. 

Account Closed thanks for the reply.

Account Closed  rocket mortgage mortgage is hardly the authority in mortgage lending I’d recommend finding a local professional and get a second opinion.  

You may or may not need to keep that money in a interest bearing account for the duration of the renters occupancy. 

It holds people accountable to these high offers we are experiencing in todays market. 

Hello all,I am looking for a local (Ventura/Los Angeles) bookkeeper or accountant whom can get me setup with a software based financial program.I would like someone who specializes in quickbooks or another platform, with a focus in long term real estate rentals.

Account Closed that this hardly seems like a real problem.

Account Closed It would help to provide more clarity around your request.

Account Closed I would hang onto it for your next purchase along with what you save/cash flow from your fourplex. 

I’d try to talk directly to the association, but they’ll probably try to refer you to their attorney, but you need some accounting of what has happened.