That's not a good sign. 

This is what the buyer said.1: We agree to sign a deed in lieu at closing.

Weeks later, it was communicated to us that the underwriter wouldn’t accept the ones signed by only one of us – legally binding for LLCs – and required we send amended copies of leases signed by both of us.

It takes them forever to sign documentation and make decisions.

Lender wanted homeowner to sign something to recieve the funds.

We've had some success recovering money owed, and we've seen it on credit reports.Recently a former tenant attempted to co-sign for another prospective tenant.

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

That’s one of the reasons why I told the original poster about having his sellers sign a disclosure  stating that the loan staying in their loan could affect their DTI and ability to get a new loan.If you’re saying that a mirror mortgage will offset the DTI on the underlining loan of the seller that is very interesting.

A HELOC comes with a variable interest rate and all signs are pointing to no further Fed rate cuts in 2025 - and there may even be rate increases.- So, you may want to consider locking in an interest rate via a 2nd mortgage.Do you have reserves for unexpected expenses?

Get a signed bill of sale including the furniture at closing for tax depreciation.Communication is key!