You need to highlight that he was being unreasonable in preventing you from earning that months rent and that you have to pay a mortgage bill.

(Note: while the IRS is also concerned that individuals may be putting their retirement savings at risk the IRS clearly acknowledges that this risk is not a compliance issue but rather an investment risk)For anyone considering a ROBS transaction, the IRS's concerns highlight the importance of understanding the ongoing compliance requirements and working with experienced professionals that can provide ongoing compliance support.RESOURCES: http://www.irs.gov/pub/irs-tege/robs_guidelines.pd...http://www.irs.gov/Retirement-Plans/Employee-Plans...)

Yes, you'll get a bunch of cash at one time and won't be able to deploy it overnight, but the interest expense will again be paid off very quickly from the profits on the new properties you acquire.For cash out refi's, where there is no appraisal target, make sure that you meet the appraiser and politely provide them some favorable comps, highlight the improvements you've made to the property and the amenities in the area, and give them an idea of the target value you're looking for.Issues with LOCs are that they're floating rate, and the undrawn portion can be unilaterally reduced or eliminated by the lender at any time.

Benefits:Our mortgage bloggers get a bio below all of their posts with links to their websites, exposure across the BP network when the post is highlighted, and exposure on our mailing list of almost 55,000 double opt-in subscribers.

I tend to be very methodical in how I learn, while I do appreciate reading posts here, I do not want to ask random questions that I could dig up the answers myself, I especially like to read and highlight parts that interest me, that's hard to do in a forum.

At least, the smart Sellers do.Here is the greater issue that your question highlights for me.

Section 14 (Occupants) says "the number of occupants is limited to two adults and two (2) children" ... the "two" is even highlighted in yellow.Isn't this a discriminatory phrase??

I want to highlight some points made above.I definitely like hearing from Beachbum as you can just hear his property management experiniece in what he says.Originally posted by "Beachbum":My philosophy is not so much about the difference between nice, and nice enough, as it is about attracting the Best Tenant in a given price range; and minimizing expensive service calls and repeat repairs.Many landlords do their own work and pay themselves nothing.

p=18225&highlight=#18225For years I factored straight numbers backwards to figure my rehabs.

t=11608&highlight=