I'm guessing that lender hasn't done a lot of investor loans (or that this will be your primary residence).Most lenders will not go for it, but something you can technically do and it still be a GSE 30YF on an investment property is secure the borrowed funds by another property with a notarized/recorded/etc note and deed of trust.

I am asking if this strategy, where you just file the option, while having the notarized deed in your possession is legal in all 50 states.

Also when you get an 3rd party authorization form signed to talk to the lender about the payments does it have to be notarized?

Do the purchase & sale agreement and assignment agreement need to be notarized?

1.can someone let me know if my contract needs to be notarized??

@Rob Beardsley that last statement is exactly my biggest fear (phantom high occupancy, then after closing tenants start vacating).The good news: -the test ads performed well- suggesting it wouldn’t be much of a problem to fill vacancies-seller will give me a certified and notarized copy of the updated detailed rent roll-these tenants are on year leases that Auto-renew-I plan on offering to sell the POHs to the current residents for cash

@Nico RoeWe'd be guessing since you didn't mention if it cash flows or not are the rest of your variables.Can you post a link or picture of the BP calculator PDF report for the property?

Unfortunately she was able to muscle and back them down despite a signed and notarized contract.

I got a Cease and desist letter from the state within 10 days and had to sign a notarized statement that I had never done a loan in NV as i am not licensed there.. being NMLS licensed personally I am easy to track of course.My thought is NV maybe one of those states that is aggressive with enforcing the laws of the land.. at least as it relates to the mortgage industry.. and of course you see many scammers with a NV address.. all anyone has to do is file one complaint and those folks are shut down.

I probably would not. Are