These statements do not specify the actual absorptive capacity of the SI-201 material.

Something does not seem right with your statements here.

So I would have to disagree COMPLETELY with that statement.

In this case about one third of your return is from the cash flow and two thirds from the appreciation.So, I'll go back to my original statement.

Steve,Your statement seems to be inaccurate.

But there's one question that I am not sure about:It appears from previous posts that POF is not as impressive as a bank statement.

I've been making offers on REO's with POF's and most of all the Agents come back saying that they need a bank statement or proof that the POF provider has the funds to purchase the property.

There are a few statements in it that seem to eliminate our ability to work them and then there are statements like this: 1.

So this is what the bank is referring to but my question to that is sure the box is checked and I understand the statement and all but it doesn't say "for the life of the loan"

If you're unfortunate enough to run into someone like me, I say OK, fill out this 1003, show me your bank statements and pay stubs, give me an authorization to run your credit, give me the info on the property and a check for the appraisal.