It isn't a silver bullet and it also trains you for things that are difficult to learn on your own, "In the trenches."

The only other alternative would be to otherwise come up with the proof of funds with your offer.

Bryan,Can you expound on the Fannie/Freddie "Bullets" paragraph you wrote.

he may take the write offs at tax time for the property, but you still are receiving income each month in the form of payments...you must report those, and if you have been reporting those, then it's proof that they have been paying you consistently.

I've had it work out where the lender considered the documentation and showing proof of an ownership interest, and therefore they were technically refinancing.

5. 15' x 10' deck needs demo'ed and rebuilt6. all bathrooms need remodeled7. both kitchens need remodeled (main house & in-law)8. one side of the roof over the in-law suite (25' x 30') needs rebuilt (the main support beams are bent and could collapse with a heavy snowfall, according to my in spector)9. sliding glass door has some rot around edges and needs replacedI have no idea what the rehab would cost, but the house is mine for $200k.

Thesee are what's called strippers (strips of wood glued and screwed to frames and covered with epoxy/glass) or plywood.

I'm a strong believer in proof, so here you go :-)Just took a snapshot of my monitoring software (I use usaa.com credit monitoring) It can only display a year from the current date, and I last updated it on Tuesday.

Is this inaccurate in the email bullet points?

Originally posted by NC Mark:Not only get the W-9 before work starts, but inform the contractor before meeting what you require.Great point, Mark...We make sure to tell the contractor on the phone (before he comes to the property) that we'll need proof of insurance, W-9 and a signed contract for every job.