Recent Credit changes Compensating factorsMake Your Lender’s JobEasier to Get Your Loan ApprovedLenders have a lotof applications to go through, make it easy for themWhat they need: Tax returns for the past 2 years W-2s for the past 2 years Pay stubs for the past 2 months A personal financial statement Bank statements The P&S statement for the property Description of all your propertiesUse binders anddividers Use bigger pocket’s property calculator and took the PDF report and stick it on top of all the info for a broad look at the dealCh. 15 The Due Diligence ProcessTitle Inspection Title - a bundle of rights giving ownership to an individual Deed - a legal document that transfers the title from one person to another Shows that the title has been changed Chain of title - every person that has ever owned the property Easements - a legal right given by the property owner to another party to allow them to use or cross the property (can get recorded on the chain of title) Covenants - a legal document that explains how a property can be used (can get recorded on the chain of title) Lien - legal claim against a property made by a person or entity to secure the payment of a debt.

I know that's broad but looking to connect with some people who know the market. 

It's a good start to helping me define my absolute numbers.  

Only if they flip without a general on a non primary home as it’s defined by law.

I'm not sure how you define "bad" but I would certainly invest in a low-income urban area.

Nor are these the same as “Lender Instructions” which describe the documents the lender is providing and how they should be handled by escrow and/or title.Loan terms are generally defined in a “Term Sheet.”The note, deed of trust or mortgage, and lender instructions are not the only documents required of a properly originated loan.

For multifamily and cash flow, broadly speaking, I like North Austin and Woodlawn areas of Chicago.

At the risk of painting with a very broad brush, I am going to just put it out there that most people who are in favor of it are probably tokers 😂 .

Define your business plan (or goal) and then figure out which models best aligns with that plan. 

1) Find opportunity2) Connect with decision maker(s)3) Define possible profit4) Develop multiple solutions5) Implement solutionEx. 1) Find high equity property 2) You speak with the seller, they live out of state seller & they want to sell and are willing to discount far below market value if it can be done quickly with no hassles. 3) a.You can make $20k just by assigning the contract to a rehabber b. make $80k if you buy it yourself, fix & sell to end buyer c. buy & hold to rent and make $200 monthly positive cash flow. 4) Buy for cash, buy subject to , buy with seller financing, master lease property with an option to buy. 5) do what seller agrees to & makes you a profit