Phrasing a deal as a "living trust" doesn't hold water, as they will ask for the trust agreement- obviously it is a living trust, only it is a more specific "Land Trust" variety.

Our SFR's on the other hand used a variety of forms, like "Qualitative Analysis" and "Uniform Residential Appraisal Report" and notes such items as whether it is a complete or limited appraisal, and other errata.The lender has always ordered the appraisal and dictated which type of appraisal they want.

It depends on the source of the credit report, as different companies include info from a variety of sources, often "ala carte".

I instantly imagined myself controlling a horse on the carriage with 2 ropes.Rick seem to be connecting the dots from both perspectives of creditors and from perspective of investors who creditors typically deal with when it comes to investors paying off first position lien or second mortgage liens, and stating that there are multiple ways of transferring deal using 2 strategies ... either using strategy of finalizing transaction to go through the final stages of probate (during either of the 3 stages) or buying off the lien judgement, depending not the equity...The probate concept of pre, open and closed state all have conditions that can be favorable or non favorable in relationship to you closing on the deal and getting it under contract.To be honest I am also a bit new to probate concept and tax liens and judgements and subject to types of acquisitions.All of this real estate Mumbo jumbo makes my head to be honest spin sideways.However, the multi dimensional factors and art of the deal from the standpoint of multiple variables and it’s inner dependencies indeed makes real estate investing quiet interesting endeavor to follow.As you dive deeper and deeper into variety of strategies... you gain compounded knowledge that in reality most certainly can be amazingly beneficial to folks who are interested in wanting to outgun their completion.In fact I would not be surprised at all with Rick stating that straddle play method of controlling the deals can outgun rehabbers using the power of negotiation.However... imagined if you can intersect the dots across multiple strategies and be able to rehab it... how cool would that be?

With this, I am going to have a pretty large sum of cash coming in for the next 10 months or so.There are a variety of different ideas I've had to invest the money.

If you use the standard variety, you should be able to get away with 3.5% down.

I find my clients (investor-friendly agent) have a variety of different views on what is an "acceptable" risk.  

DiversificationMany investment advisors tell you to put your savings into a variety of funds: ETFs, Fixed Income, REITs, Equities, and so on.

Olympia has a variety of new, old, established and eclectic.  

But you'll find a variety of all strategies here on the website.