I called VRM and they confirmed that they are the new lender on this program.

They have a lot of plugins & addon programs that help, and you can easily track leads, assign tasks, & have a history of your contact information.Check them out @ force.com

You'll need to approve actions taken by the LLC in the Corp minutes and LLC minutes and by defining what needs to be authorized and what can be accomplished without specific approval will save you hours of time.

He has strong W-2 income, excellent credit, a bank statement showing $108K in cash and only a $106K mortgage liability (held jointly with me on our primary residence).The underwriters are holding up approval of the mortgage because the $10K EM deposit was a check written off a bank account in my name only.

For example, as mentioned above, all employees of e company must be afforded the benefit of ownership, not just the primary shareholders.It's these smaller rules and regulations that many of the ROBS program providers may not be following, as well as some valuation requirements that aren't necessarily met by self-funding a company.

How they specifically adminster a program will vary somewhat as the interpret HUD guidelines, for example, how strict they might be on inspections.You can rent a unit for what ever you like, but charging more because someone receives assistance will land you in trouble.

I've closed some deals with wholesalers on 1 page contracts just the same as longer ones.As long as you have sufficient verbiage to allow for due diligence or option periods as well as the seller allowing proper access to the property for buyer final approval I think you should be fine.

Many graduate programs are glorified diploma mills now.

This property is currently approved for 625 monthly from section 8 as of my most recent increase request.even if I have the option of taking the 25k and selling as is I will probably repair the property for the above reasons.

newbie here trying to find some good books/programs to get...any suggestions?