The crowd here needs more info on your current financial standing to really give you a road map for success.  

Rogelio,I would check with a local Title Company to ask generally what they have seen in the past.Check with an insurance agent, even specifically the borrower's insurance agent, as to required terms.Finally, armed with that info: work with an attorney to draw up ironclad docs.My 2 cents,Mike 

That way almost all of the people contacting you are looking to move and serious.2.

I have a client who wants a contractor's info incase he finds a property he can give them a call and get a quote.

Yes realtors, feel free to ask and i will give you their contact info.

Sometimes they’ll ask for contractor info and proposed construction plans.

Since the qualification is based on the property’s income (no DTIs/personal income), it can allow you to grow your portfolio faster than traditional financing might.Check out this article for more info: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Happy to connect and discuss further!

They even provided penalty relief because he contacted them first.

@Timmi Ryerson I did contact Forte and it turns out that payments process the next business day after it is made. 

Quote from @Daniel Loane: Thanks everyone, very grateful for the community and the great info you shared with me!