My lender just informed me that my seller concessions exceed the relevant closing costs (including points buydown) and that the money left over will be a “wash”.

Based on reading relevant state tax instructions, tax code, feedback from other investors and CPA's, I'm tracking unallowed passive losses at the state level for states which otherwise do not require unallowed passive losses to be filed on state returns or for which they are not disallowed.

I don't know if this is relevant at all, but I am a server at IHOP.

I'll continue later tonight or tomorrow with any more info I think is relevant.

This is an older post, but relevant to my current situation, so I'm bumping.It sounds as though you've been talking to big banks (US Bank, Wells Fargo) instead of local banks.

Personal credit is very relevant for residential investments (1-4 units) and less relevant for commercial investments (but still a factor a lot of lenders).

J is right and property tax assessment isn't a good way to asses the value of a property, because it could be (and usually is) relevant to previous years (like 2006) where the market was in a total different form than what it is now.This reply is probably a bit late but judging by the information given here, this specific house is worth the min amount of 140k unless it went under some unusual disaster.

Seasoning is relevant when you want to use an ARV-derived value for the loan amount, i.e. cash-out above your costs due to the value-add achieved.

I’m not sure this is relevant, but Realtor B has done a lot of work with the developer over the years on other projects and they have other current listings together.  

Of course taking such a position may require litigating this... and the value of the 2nd offer would obviously be relevant to that.