Then, next time, when a new underwriter reviews all your docs, she figures out that you committed mortgage fraud last time, and your goose is cooked - and not necessarily just for this next mortgage, but forever.

I am pretty new here and wondering if any experts in this forum can give me some help on this question:Recently I was looking at a REO auction property, the bank has already taken the title and it was bid on Auction.com with a reserve price.In the documents they put upfront, there is a Title Commitment from First American Title.

In the past month that I've listened to the podcast, I have transitioned from tentatively considering real estate investment to fully committing myself.I began as an unwitting investor in Detroit when my girlfriend (now fiancé) and I moved there to buy a house in the property auction.

My experience in dealing with brokers from a lenders perspective is that the best brokers provide there services; however many do not and just act solely in their own best interest trying to make as much compensation as possible on each deal with the least effort and time commitment.  

Are they committed to staying in this area?

James Bowie “The key to Evernote is to commit to it and jump in with both feet.

They will run your credit again when it is time to do a commitment on a specific property. 

Hi @Lan Nguyen,Yes it is possible to commit mortgage fraud and get away with it, the first time.

Yes... realize that I feel really comfortable using 3% IF you're going to commit to start finding a tenant at least 60 days prior to your current tenant's lease expiring.

I'm committed to geting my first deal closed before the end of the year, and to acquire a total of 4 rentals before I turn 40.