If you are closing outside a title company, which it sounds like this is the situation that you are in, you would simply need to ask an attorney for a note and deed of trust, (once you have completed your 1st transaction, I would ask your title company for a draft Note and Deed of Trust).Once you execute the Note and Deed of Trust, and have it notarized, you simple take it to your local county clerk to have it recorded, the Deed of Trust will have the mailing address of the lien holder, and the original will be mailed to them in 1-2 weeks.Hope that helps, Dustin 

@Bruce Woodruff- that's true, that's why I mentioned ARV (sales price) not specific rehab costs (which is what the poster was asking for originally). 

I'm originally from San Francisco, CA and started investing in 2021.

You scale originally.

We got a shaman to come in and it turned out there were 4 ghosts including the previous owner who had passed away there and the original owner of the house who had died there during child birth.

They do qualify you based upon the cash flow of the property, but they have high origination fees, prepayment penalties and higher interest rates than conventional.  

Said issue is what prompted my original post. 

Originally posted by Steven Hamilton II:Actually Mitch, you are allowed to do repairs on the property; however, you are not allowed to upgrade or increase the value of the property.

They are being overly optimistic in their new projection just like their original projections.

Also, you can seek an exception from most DSCR lenders and they get approved at a high rate, it will just come with an increased origination fee (usually .5% for exceptions) or a interest rate add on.