It sounds like your cousin won't be supportive, unintentionally, in getting you a property just due to lack of understanding.

I unintentionally hijacked one of @Stephen Chatto posts a few days ago about doing this exact same thing.

A commercial lender will not require it. or you could unintentionally reset the seasoning timer if using a residential lender.A 65% LTV loan should be easy to do.

You also may be unintentionally misguiding the family members.You may want to step away and let professionals, such as lawyers, take care of this family's legal business matters.

Maybe he wasn't mad, just annoyed.The point is, it's very easy to unintentionally add to the story and distort the facts.

They tend to have an unintentional (or sometimes intentional) bias to OVERVALUE a property.

Welcome Michael,My knowlege isn't great, and I haven't personally closed any deals, but I have been an unintentional landlord for about 5 years now in the Franklin, NC area.

How are you going to verify that the costs are reasonable, that he's being efficient, that he's doing everything legally and up to code and that you're not getting ripped off (intentionally or unintentionally)?

And I am 99% certain that the agent is either unintentionally incorrect or being intentionally deceiving, but wanted to get some reinforcement of that belief.Thanks...

The results will give you a rough indication of the investor profile that particular Portal is marketing to, whether intentionally or unintentionally.