You then complete the foreclosure on the HOA time schedule, with LLC#2 owning both parts of the debt (HOA + HOA fees + Note + Note fees + other charges). 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

This is in a specific development zoned for vacation rentals and will be completed soon.

Hi guys,We will be completing our first flip within the month and are ready to start looking for the next deal.

You can call back within a couple weeks of completing this application to obtain your account number.File your Cincinnati Income Tax Return.  

So I make the decision to give up on this guy and found another lender this is extension number three, while all of this is taking place the asset manager has been completely against me, it takes days to get any sort of response from them, they originally wanted to close in one week from contract, anytime I asked for an extension it would be for one week only, le me mind you by the time I get the extension a few days have already passed and the last extension I had to agree to $100 per day penalty, BTW I received signed contract from seller feb 22.

Say I'm able to complete the refinance, I would then like to immediately apply for a pre-approval with the intention of buying another property as an owner occupant via FHA financing as my family size will be increasing in 6 weeks and I will need more square footage in my living space.Is this something I could do? 

I read this book last year and it has completely changed my mindset about money and earnings.

And you watch how that person, who you tried to help, turns into a completely different person and tries to do you wrong.This is why you want to only rent to good credit renters as you have recourse thru Small Claims Court and depending how much they tear up and past due rent they rack up, step it up into the higher courts and go after them for what they owe! 

I also realize this can possibly be claimed as a business expense, but this does seem like an exorbitant record keeping fee which could ideally be avoided altogether.Thanks guys,Cameron