You can have the Title Company draw them up, or have a lawyer draw it up, or if you have an experienced borrower, they may already have a template as well (have it reviewed by an independent lawyer for validity in the state you're lending in).

When you guys look at deal what is the line you draw between a good buy and a pass?

Region's bank) who will actually draw up promotional material/flyers and market on their own website.Consider also a buy & hold strategy for more these areas and wait for the appreciation to rise - but that really depends on what your rental comps are in the area too - the numbers have to work first! 

Joe when looking at a the expenses for a house hack you need to draw the line somewhere in expenses to calculate monthly out of pocket.

You want to see something that has low or no seasoning for a cash out refi or that may require low amount of documents.What is your draw fee & benchmarks for the repairs portion of the borrowed money?

We are simply trying to see about setting up an LLC for the property in the simple from of going through the state (va) online and just paying the online fee to register our business instead of going through a Lawyer to draw up a the articles of organizations...and paying more.

Imagine blowing out a wall and not having a structural engineer sign off on it, no permit and no inspection inspection to make sure that it is safe and done according to the approved drawings.

A land contract (contract for deed) is probably the most common arrangement but I'd have my lawyer draw it up so it protects me and the seller.

There's lots of money to be made in C and D class areas, but you do have to draw the line somewhere.

There may also be a draw schedule, depending on the situation.