Questions that need to be answered?

My understanding is that most lenders will file a mortgage lien on the subject property as soon as the loan is signed so as to preserve their rights, but what if the lender did not do so before the borrower defaulted?

Ex: On day 25, I have an automatic transfer to my main account for the exact amount for my mortgage payment, but I earned interest on the rent for the first 25 days of the month.3.

The most important thing is to understand your coverage before you have to use it. 

Looks like you are going to profit $150K after commission and closing costs.Sounds like a good deal.If you think the multi-family duplexes are going to bring the price down.

I am considering renting out to a business (to find out if this is allowed in the area),  How is your experience if you have done that.

Without being able to see your entire tax situation, it would be hard to tell.

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).

Brian,In order to answer that would be important to know what type of property primary or investment, How much and used for what? 

Even once you get the mortgage current, your credit may still show the delinquent payments, so it could take some time before your credit seasons to a better score.