Even if they were going to place weight on the price per bedroom approach, they have no basis for that approach, or the adjustments they have made - or at the very least (and nicest I can be about this) you are not seeing that data in the report - they might have that somewhere else in their work file or another work file.At the end of the day and as stated earlier the relevant data used in small income mortgage appraisals is the actual sale price of the comparable properties.

Here we are at the end of January still waiting for tittle to be cleared, the seller has stated that they have filed a court date to have the lien cleared, because of this filling the tittle company will now issue tittle insurance, which now obligates me to close with this lien on the property per the contract which states “seller to convey insurable tittle”.  

Filing with the state is easy, and you can absolutely do it yourself if you don't need anything special.

@Pierre Luc leblondForeign investors have to be mindful of ECI(Effectively Connected Income), FDAP(Fixed, Determinable, Annual, Periodic) and FIRPTA.There are also instances when foreign investors need to apply for an EIN and file a US tax return.You may also want to understand the tax treaty between the US and the country you are from.You should understand the above implications before investing in the US.

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

Newbie here trying to figure out the business structure to file for when starting my real estate investment business.

Also, he hasn't filed the paperwork with the county as yet and says he doesn't intend to do so.

Lease agreements if the property is occupied, appraisal, 6 months reserves, minimum 640 credit score, credit lines open for at least 2 years with no bankruptcies in the last 36 months.Then there's the properties requirements which is another thing.

It was during the time when Detroit declared Bankruptcy.

Banks typically want a gift letter in your file from the giver, affirming that the funds are indeed a gift and are not a loan with the expectation of repayment.If you house hack, you're combining buying an "investment property" with the possibility of low-down-payment financing available only to owner occupants, perhaps through FHA.