Already have Preliminary Title Work for 3 of the properties.

for an A&E (as well as a preliminary HUD-1) and the seller for a title policy.

I didn't contact my agent to look at it yet, just doing preliminary DD.* Vacant - is it good or bad for the buyer; would the bank be more inclined to sell faster?

If you have a relationship with a title company, they will likely run a preliminary title report for you for free.

My current 401k is with an employer and am just doing some preliminary research.

It consists of coordinating with our current network of wholesalers, bird dogs, and agents to do preliminary evaluation and qualification for buys, develop new wholesalers and bird dogs, develop alternative buys, develop in house direct buys, and package and sell in house wholesale packages to our affiliate investor group.

That would be double dipping.You want to line up a title company sooner rather than later, give them the preliminary contract and ask them to prepare the HUD-1 settlement statements.

The shock to that group if/when interest rates move could devastate values, if they are being supported by payment buyers, unless we see a corresponding wage /real income increase.

@Kevin and BrianThis discussion was preliminary and I too want to nail down some costs, credit limit, and a rate.

The preliminary title search or report must also confirm that there are no liens on the subject property.o The source of funds for the purchase transaction must be documented (bank statements, personal loan documents, HELOC on another property).o If the source of funds used to acquire the property was an unsecured loan or a loan secured by an asset other than the subject property (such as a HELOC secured by another property), the HUD-1 for the refinance transaction must reflect that all cash-out proceeds be used to pay down, if applicable, the loan (unsecured or secured by an asset other than the subject property) used to purchase the property.