Hello! A partner and I who buy multifamily properties together, have a few investors who want in on what we’re doing. I want to pay them a preferred rate of return on their money without giving up equity in the deal. ...

Would a low-doc asset based loan be the best way to go? 

The rules and procedures of your operating agreement and your ability to follow the agreement is far more important than the actual state specific filing docs.

She tried to claim that it was leaking before.

Use Bank statement program, Use No Doc/Lite Doc/ 1 Year 1099 - or DSCR for (Investment only) Use Asset lending where you do not need a large deposit and the liquid reserves or assets acts as the collateral to offset risk.

They are a lenders attorney and deal with a lot of creditor rights and draft all our docs for us (note, loan agreement, personal guarantee) and work with title on deed of trust

Unless there's an active leak, there's no reason.

Today we just learnt that seller refused to sign the closing docs for her new house because the mortage was higher than she expected.

Hi there, curious if anyone local to OKC or an investor in the area knows of a website or has docs in regards to various zones/area codes and what their ratings/scores are in and around the OKC area. i.e. zip code: 01456 Grade: B-.

I should also add that these loans are all full doc unlike the past.Basically, if we're able to find properties that satisfy this strategy, we can sell them as-is for about the same margins as if we did the work.