Verify with the sellers to make sure they know about any liens.5.

When a guide refuses a command, it is then up to the handler to determine why and work out what to do about it.So how does this relate to to your topic?

It is easy to to be precise with cash and most debt, but when the other numbers are not precise the pennies become meaningless.

I have solid credit(680-690) and verifiable income.

So, while you could do a back-to-back closing on a FNMA REO, it would have to be for less than 20% above your purchase price.Other than those types of restrictions, there is no reason you wouldn't be able to to a back-to-back close on a typical REO.

For this you must perform a proper cash flow analysis using verified numbers (NNN or not).

I've been running them all through the county assessor to get first names and verify things.

In January 2011, seller enters purchase agreement to sell property "subject to" to yours truly for $393K.5.

Maybe it is obvious, but just verifying...

But, that being said, if a tenant were ever to hand over a self pulled credit report, I wouldn't give it any more value than anything else that they put down on the application.Trust, but verify.