What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

The assignment document "pays" you a fee for the contract.

Hi AJ, Great info- Majority of our investor buyers have elected to go the route of DSCR financing as apposed to a full documentation conventional loan due to the pricing being similar even at higher loan to values. 

Documentation of applicants prior experience managing rental units or other background involving property maintenance. 

Quote from @Mackenzie Lopez: This is a review based on my experience as well as court documents and speaking to other victims who had sound proof.

I utilize a personal financial statement accompanied by a schedule of real estate owned document via an excel model.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

All it ever was were marketing techniques, rehashed boiler plate documents and empty promises of one-on-one training from him personally, along with hand-holding while you learn the note business -- all lies.

.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.

That said, here’s another I underwrote…With this deal, the borrower had a comprehensive line up of documentation regarding the deal.