And have the title office draw up the owner finance paperwork?

No time to find new properties, analyze properties, do paperwork, etc.

This will lessen the paperwork and make it easier for everyone involved.Closing with the same title company is the only way I'd do it and would assume the flash funders would prefer as well.

It takes anywhere from 1-4 weeks before I get all the paperwork I need to submit a package.

Anyway I'm anxious to get going but the bank can't give me a date of when they will get all the proper paperwork (the title company that filed the deed is now out of business).

In all reality, most of the so called deals are comming into the scrunity hairs of the SEC as if you form a business and get people to loan you money based upon what you can do to return their investment in XXX period of time this is considered a perspective and only family can do this without the proper paperwork.

As I am still working on fixing up my first rental property (in Michigan) and getting it ready for rent, I am simultaneously trying to do my homework regarding the necessary paperwork needed for signing the rental agreement.By that I mean, what do I need to give a tenant when he moves in?

Just make sure your paperwork is accurate.

the best so far is 2% with a small 'paperwork' fee of $250 which is reasonable by all means since it's just a transactional funding loan. some are requiring insurance on the property, some are not.

The title company said they can pay me a finders fee of some sort and pay me out through a 10-99 but i want to make sure i have it under contract BEFORE closing so that way i dont show up expecting the title company to work with me and im on no paper work at all.