Some closings can be done by e-mail and fax, as long as you sign before a notary public.

The seller e-mailed me asking for 5500 OBO.

I sent pics to your e-mail Josh.

This 3rd party is an attorney with "Loan Modification Department Manager" in their e-mail signature.

Quick question, do you know if there is a way I can incorporate a lease into my website and have them e sign it.

Also, you E & O protection in front of you.

As long as you show the rental income and interest expense on your Schedule E and the IRS gets paid, they aren't worried about your relationship with your bank!

I'am thinking of doing an iformation FREE workshop for 10 people in southern california that whant to learn what is looked at on the appraisal and what redflags will couse problems on any file, I have never done this but lets give a try, e-mail me and will set up a time and date.

The 188 is strange as most appraiser for this area round of by 5K - either 185K or 190K and you said it is a SFR not a condo or PUD, if you want send me e-mail i'll tell you what i see, i'm close to subject.Ed

For NOI you do not factor in debt service.When you are selling debt service will look different for every buyer.You can give an example of debt service when selling to show what returns could be given so much down at XX price.You also have depreciation not included in NOI.NOI is a quick baseline for a potential buyer to look at a property based on a certain return.Having said that the NOI has to be verified with schedule E tax returns and bank deposits.The worse the records kept when you sell the less than can be verified by the buyer and a lower price you will get.The reason is the buyer will then have to price in the risk with a lower offer not being able to verify all the hard data.Is HOA per month??