Some times getting creative can help all maybe a combination of seller financing and hml.

Hello Bigger Pockets!So, recently I was prequalified for (x) amount of dollars through a mortgage broker - it is solely based off of my debt-to-income, but I am using "gifted funds" from my fiancee for part of my down...

If we're just preapproving for vanilla commodity Fannie Mae nothing special & no "creative financing" scenario, I'll let my clients look out of state and when/if they actually go under contract, I'll forward their paperwork to the local-to-the-real-estate lender of their choosing as a courtesy. 

#2 isn't really an optionIn the eventuality of #1, what are the costs incurred (how much money needs to be in reserve) to ensure refinancing can be covered?

I'm curious the different ways this could be structured to ensure some measure of return for each lender.Examples:Campaign A: Physical mailers 6 letters per addressDistribution over the course of 2.5 months$2,500 budgetFrom start to finish, each lender gets a percentage of the deal based on the percentage of the marketing budget given.

Basically, I want to know how to best ensure that the mortgage (and insurance) payments are made in timely manner and that the seller doesn't use these checks for some other purpose. 

This is also a good time to ensure you are getting fair market rent, too.

I'm just trying to be creative, as I really want to secure this property, but am having difficulty with lenders at the present time.

Try to get creative so you don't have to risk it all and you also get to learn the business while you earn.

I asked them if they had a list of requirements I could use to ensure that when I come them for an investment loan I can meet their standards and not waste everyones time coming to them with a loan app that will be denied.