Only accept cash or a Cashier’s Check for credit checks and if you choose them as a tenant, make sure only cash or Cashiers Checks are acceptable, Otherwise they can stop payment on checks and money orders once they move in.

Nobody is expecting much from borrowers on these loans. if your finances are run properly, you provide all stips quick and clean, and you know what you're doing, then you're in the best possible position. the lender will order an appraisal. if you buy one, they won't use it

On an FHA loan the qualifications are quite borrower friendly.

I also get tired of having to explain that by "making a relationship" with you, I expose myself to litigation if I ever have to sue a borrower for a deficiency from a foreclosure and oh, let's not even mention the part about how I have to explain to my state and federal regulators, or my shareholders that I failed in my duties to maximize recovery and minimize risk of loss by selling directly to some invidivual investor instead of exposing the property to the open market....you keep digging.

If you don't have enough money, borrow it.

I've always wondered if they can somehow just "borrow" my own fundability in order to get the deal (and at good rates). 

And worst case scenario, if that's wrong and the financial situation is great then, there's nothing that stops you from investing the $700K in a second property.  

They built it without a permit and enforcement compliance stopped operating the entire development. 

I’m borrowing the money the initially buy the house .

This is what bigger Pockets is for!!!!
I started building my own absentee list method about three years ago.. I started using local tax assessors in NC. I have had a contact rate of 16%. For example out of 1,000 dire...