@Ammon JensenTypically the credit card companies will also want you to personal guarantee the credit cardsWill you have the sufficient credit and dti with all that debt to qualify ?

To change your rooming unit to a dwelling unit, it'll just be a matter of determining if there is sufficient density on the lot (and having enough parking; typically one per dwelling unit with some exceptions).

borrowers walk and lost all their equity.. rents dried up.. it happens. not predicting it.. but just like any small business and thats what rental business is you need sufficient reserves to get you through a tough patch

In other words, to ensure that lenders will have sufficient funds to timely pay the real estate taxes (or the insurance), the law does allow a cushion of two months per year.How now this could apply to the over charge in escrow? 

My good friend and business partner is looking to buy a new home, but he doesn't have sufficient funds for a downpayment on a new primary residence. 

The consumer economy is prioritizing the now and not the savings required to be sufficient later.

Importantly, it's not necessary for both LLC members to sign every lease; just one authorized member's signature is sufficient.

Yes assuming your credit and debt to income ratio are sufficient

You could delay until the property is vacant or seek financial compensation for the inconvenience and potential costs.If the tenants are on good terms with the seller, giving them 30 days to vacate should be more than sufficient.

My brother and I are looking for wisdom, understanding, knowledge, experience and some guidance to aid us in our pursuit of self sufficiency and a good foundation to our family business.