Quick question, I am looking at a property where the owner will hold the paper on the deal.

@Jay Hinrichs I've had it explained to me that somehow you can use this as a leveraging vehicle so not only do you get the returns but you can borrow off of the unrealized gains (the paper returns) and do it that way.  

Four or five bullet points written on a yellow tab paper will be more easily remembered, easier to act upon, and won't get in the way of doing the things necessary to actually consummate a transaction.

Gifts include: cutting board, toilet plunger, paper products, soap products, cleaning products, etc. 

Make sure all accessories are there - toilet paper holder, towel holder, etc.

But the husband has children from a previous marriage, the children is not named in the Will but I was told they have to sign the proper paper work before the house can be sold.

The Quitclaim would not be worth the paper it's printed on - in an ownership sense - since nothing transferred. it is the same thing that you want to record the Quitclaim from your relative - it doesn't mean much - and nobody will fight for clean title for you - it is not a Warranty Deed - only that your relative gave up his interest - you do with the property as you wish, but they will not defend the title on your behalf..Title companies that a future buyer will contact for a title policy will then see your Quitclaim filed on the property - from who?

I want to separately keep notes and information on each deal I do individually so I can have a portfolio to show for maybe raising capital but also to just review to see what mistakes were made etc...Tired of my desk looking like a paper recycle bin...

On a second loan we will have a relationship.I fee is your to prepare all paper work that why its needed upfront.

Also anyone who says they need money up front to prep paper work that's RED FLAG... title companies and attorneys for their reputable repeat lenders will do this work and get paid on the HUD prepping loan docs is super easy and not expensive for these folks its simply a DT or mortgage and Note and many times the lender has their own in house prepped docs they simply ship to the title company..