I understand it is linked to a bank but was having trouble discerning how it imports outside transactions not from the partner bank. 

Being a broker in Western Washington and an investor in Tacoma, I completely understand the challenge of getting started in this market.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

2) How well do you understand the differences between Class A, B & C?

Ultimately, it’s essential to consult with your lender to understand what’s best for your long-term goals and costs involved.

If I understand correctly; the seller would receive 80% ($40,000) directly from the mortgagee at closing and would enter into a personal agreement with me for the 20% down payment ($10,000) in which he would be reimbursed separately from my mortgage payments at a separately agreed upon rate and term?

But I understand where I’m at now, and am willing to work for free until I can provide such value.A little about me.

So it would be best for him to first understand how this would impact his taxes and estate planning then structure the sale based on that.

Cost segregation can be a complicated topic, but I tried to break it down and make it easy to understand!

Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.