The work to make sure their assumptions are correct goes beyond what we can do here on this post.The proforma is the most important tool that we have to assess any project.

What information do you fill is most important to you?

Premium price is the most important factor for me at the moment.Thanks,Jeremy    

Honesty is very important in this business and any business. 

Your taxes are not as important as the quality of the deal and your business plan.Good Luck, Dan Dietz

Account Closed  One other important point to keep in mind - if you're buying a new primary residence (a home where you will live), there is no limit on the number of financed properties for conventional loans. 

Save up, get your expenses in line, and continue reading and learning.Knowing when your not in a place to buy is as important as finding the right deal.

This way, you are earning $ but, more importantly, not risking anything AND at the same time you are learning what's good, what’s bad (what the professional buyers like or don't like and why) as well as the entire due diligence/backend process so that after you do a few of these transactions, you will be MUCH better prepared to invest in notes for your own account.I've been working with new note investors for 20 + years, matching them up with the right funder depending upon the types of transactions they want to refer.

That’s an important distinction because your end buyer’s bank likely won’t include that fee in the loan, which means your end buyer will have to come out of pocket to pay it.

@Michael Bishop  Thanks for reinforcing the importance of seeking legal counsel.