Hi Stacie, As long as you have $10,000 of documented rehab, you should be able to cash out up to 80% of the new appraised value without any title seasoning on a DSCR loan. 

.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.

They don't ask for any documents just do a credit check and you fill out their application.

Also be sure your PM is documenting everything if you already started demo and rehab.

I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?  

They will not provide you that documentation.

google "all inclusive Deed of Trust" fantastic CA document we used all the way back in the early 80s If I'm not mistaken though a wrap would require the 2nd buyer to also agree to financing terms; which would be the same as me (the 1st buyer). 

Proof of funds would be a bank statement or some other document indicating the liquidity you have.

@Agatha Simmons Ensure that you are documenting everything that is occurring.

This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.