I know I didn’t start this out the right way and getting all my finances figured out, but I think we turned out ok.

No acknowledgement.2) When they started the process of finding a new tenant, they forwarded an application for my approval.

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The borrower will need to be exceptionally qualified and have significant reserves (particularly for a jumbo or super jumbo loans of $1-2-5M++) Historically borrowers could qualify with 10-20% reserves of the amount financed, that could jump to 100%+ without significant state and federal intervention.

How did you finance this deal?

How did you finance this deal?

How did you finance this deal?

The owners at the time were directed to our Real Estate agent and she showed us the property as it was a good investment opportunity.How did you finance this deal?

Each team would propose a new ideas and new creative financing to help both sides reach their goal.