@Derek Leblanc,the seller needs to either, know, like, and trust you before you will get what he or she feels is sensitive info that you are asking for, or they need to have their hair on fire and are extremely desperate to sell the property.Imagine if I asked you;"What's your Social Security Number, date of birth, Mothers maiden name and any medical Issues you have.Without the proper context, this would create discomfort, and come off as extremely invasive.

If you do not charge, everyone and there mother might apply, even though they have no hope of qualifying. 

Since your putting this in an LLC, you can't get a conforming mortgage, you will have to use a commercial loan.If you want to go the conforming mortgage route, you can't loan the money (like a hard money loan) to yourself, but a brother, cousin, etc, that doesn't live with you can (I've done it before),, you have the title company draw up a loan with the closing paperwork.When you finish with the rehab you go to 'refinance' your mortgage with a traditional lender, not a  problem (or at least I haven't had one).My mother was getting 1% on savings, and I was paying 14% interest to a hard money lender, which made no sense, so we started doing it this way, she got 6% interest, and I felt like I was helping her out,,everyone won.Don't have a spouse loan you the money, keep it someone that doesn't live with you (I know someone that did that and it caused some issues)

No good.One of my workers rents the other side of the duplex "cousin" lives in, and they've called the police on this "cousin" and her children multiple times for noise disturbances, threats (from the mother and her boyfriend), and vandalization (the kids ripped my my workers vegetable garden and threw the veggies onto his porch!).

BTW- Happy early Mother's Day to all the moms out there on BP!!

While reminiscing with my mother about the past, we decided to look up our old home.

Jessica, Happy Mother's Day!

His mother had a couple of open-heart surgeries due to smoking as well, but she smoked until the day she died.

The house belonged to the ladys mother and she rehabbed it and over did it.

Our first tenant had moved her mother and brother in there at various times, seemed to be running a laundry service out of the basement, and eventually got a pit bull.