Second, you’ll collect more money while doing less work Third you’ll stay legal with notices and operations.

These two statements are contradictory the way I read your comment:"the agent that provided me with the listing requires a 3% buyers commission.""

Also we have two great BP meetups per month here that you might find really valuable.

Both still have value, but you have to know you are looking at third or more serving options in these places.

The alternative I had pursued the last two years was hard money lending.

True story, I know an investor that bought a condo without reading the docs that he had intended to use as a rental and had to hold it for a year before he could do so.I've novated two condos and both times it worked out really well.

Barron First off, congrats on locking down two contracts, big step forward!

Correspondent lending typically takes one of two forms: delegated or non-delegated.One approach is to obtain your loan purchaser’s criteria and documentation, (hopefully) adhere to them scrupulously, and originate the loans yourself.

Quote from @Sanjay Bhagat: 1) Should I hire a third party accountant to interpret the deal sponsor track record for due diligence?

If you do not qualify for a conventional loan, DSCR and HML are the two commercial options available.