The Underwriter will be able to see all the paper work at once so this makes approving both loans much easier and both loans will fund one day after the other or a couple of days apart.I hope this helps and have a great day.

So if seller financing is a possibility should I get a lawyer to do the paper work and legal stuff or is it unnecessary?

Just throwing my 2 cents out there - I know several 'paperwork' agents who are super savvy and fast at putting in dozens of offers for investor clients, but have little to no experience in finding or evaluating deals.

Everything is approved and paperwork is in the mail.Deal saved!..

Soil and have the first 2 requirements, and all their paperwork.

Buying existing paperwork means accepting the work of someone else.

I close on a duplex tomorrow, I got copies of the leases early on.If they dont want to provide the paperwork, then they may not have a lease or someone is not being truthful about the numbers.Not a big deal either way, just understand what market will support for each unit.

@Patrick YoungI did tour their neighborhoods and their operations, and I'm actually closing on 2 properties with them today (just completed paperwork actually).You definitely have to do your own analysis -- their pro formas are junk because of the $0 allowances for maintenance and vacancies. 

Since there is no lender involved,  It shouldn't matter who funds the cash purchase for the buyer, so long as the mother signs the deed and requisite paperwork.

Hello everyone,I just passed my real estate license last week and I'm waiting for the paperwork to clear the California BRE to get setup with a broker.I am getting married this October and recently moved from Texas to Orange County California.