Has anyone used the Menards home package?

Any work outside the scope of the initial plan is not permitted as the loan amount cannot be increased.If the project encounters cost overruns, those cost overruns will be the responsibility of the borrower to pay.Renovation Term Extension Fee: .50% of the total loan balance.

I have a package of single family house cashed out in the commercial loan department with my credit union. 

Which package did you get from simplysafe, or is there only one?

Mine and my investors discomfort in the deal was irrelevant given that the contract had no financing contingency.Due to the fact that the contract was signed in my name, and not an LLC, I would have to prove that I personally had the funds in cash to purchase the property at the time that I signed the contract.My questions are as follows:Has anyone encountered a similar type scenario?

I would love to reach out to brokers and ask for packages and analyze the deals and in the mean time try to build partnerships with investors things of that nature.

Saw a REO and was going to put in an offer after being on the market for one day, but the bank pulled the home off the market to put it in a package deal. 

I've never encountered such low inventory in my life! 

I had a vague idea of wholesalers using transitional funding in circumstances like with a short sale or with HUD but had never personally encountered one. 

The RMLO will provide you an underwriting  package with the following items: STATEMENT OF COMPLIANCE QUALIFIED MORTGAGE REPORT CREDIT REPORT PROOF OF INCOME REQUIRED LOAN DISCLOSURES SUPPORTING UNDERWRITING DOCUMENTS CLOSING DISCLOSUREThis underwriting package will also help you sell your note for top dollar if you ever choose to shop it!