Cheers to you for beginning your quest to securing financial freedom through real estate

I would be happy to share with you what I have learned over the years in terms of securing money for your deals.Welcome again!

How do I go upon securing a possible agreement before they list?

The area is zoned for a max 4/5 stories with 15 units total, 12 of which are market rate.Construction financing is secured as I have a relationship with a hard money lender who is interested in financing the project, but would need to assume the property next door to move forward with a construction loan.

In that case the second category applies (below).Again, these rules only apply to what the CFPB refers to as a residential mortgage loan where the note is secured by a dwelling or residential real property that includes a dwelling.Most people only carry back a note once in their lifetime, when they sell the big house, retire and move somewhere else.

They will need to figure out the security deposit themselves.I advocate not getting involved in tenant interactions.

The result is that whereas 5 years ago passive investors expected little more than an investment summary, investors now expect (and demand) a private placement memorandum, subscription agreement, attorneys opinion, tax opinion, and full compliance with the securities regulatory environment, even on smaller deals. 

An Assumption Warranty Deed with Vendor's Lien and Deed of Trust to Secure Assumption were both sent to the county.

2nd mortgage HELOC ARM secured by your primary residence will have ballpark comparable rates to 30 year fixed, but it's an ARM.2nd mortgage fixed will have rates way higher than a vanilla 30 yr fixed first mortgage, but still below hard money, for most scenarios. 

Just a plain old boring lease with a security deposit made, move-in date on the lease to be about 3-4 weeks after you intend to close on your new purchase.We can use rental income to offset PITI on your old house, fixing your DTI.After that lease is up, evaluate the performance of your old home as a rental property, and either keep or sell it at that point.