Her incentive to do this is that she'd rather loose $20,000 than the entire $66,000 she has in equity.Clearly, I need to verify the creditworthiness of the buyer, verify that they will in fact be able to refinance, verify they have strong homeowners insurance, walk the property, get title insurance, have lawyers draft the needed documents, and make sure it's all properly recorded and collateralized.

Also, have you verified that these folks are actually paying?

Stated income lenders do not take in to consideration tax returns or verify incomeRates are slightly higher but not as high as HML

However, this is a family partnership and I want to keep the equity split identical.

Can anyone verify that this guy may be real?

 I have a potential tenant but I am having trouble verifying employment.  

Morning Sam,Here's a list to get started:-Talk to a lender and verify how much you can afford. 

Trust in others, but verify who they are and what they can do for you.

Make sure you double check and verify the numbers you are getting, just because some one says ARV is 150 does not make it so.One of the biggest factors is how long you'll be in the high interest loan. 

You may have troubles listing them on some of the platforms such as Trip Advisor who verify property ownership but if you have a signed lease, I don't think they will challenge it.