I know I'll have to hire a lawyer to draw up the papers, a title company to make sure all of that is in order… but was unsure how to estimate my cost basis for the loan (down payment + closing costs?).  

Also the majority of the courthouses down here have transferred the probate case files from paper documents to electronic digital format.

I furnished a terrific paper trail in a binder to him and V Rep.Judge was REALLY angry at Verizon for jerking me around. 

I know him pretty well and think that's a good start if you're interested in paper and compliance. 

But when we tested the system water lines were busted everywhere apparently not to well winterized, after two weeks and two different heating contractors about 4,000 later it was up and running. 

I would use pink or red paper for your 5 days and tape it to the front door and take a picture of it posted.

It's Only On Paper!

Since the bank will hold the paper on the books, and actually make returns for its' investors this way, they need to be sure that the loans they do are "good" - meaning, they want to "know" you a lot more than someone just writing the paper and flipping it on the secondary market within a week.The notion that smaller banks will rely on this note to generate returns for their investors also tees up a lot of the terms of lending.

My knowledge is based on HML , which I have 30 years experience at.But buying existing paper on owner occ mortgages is whole nother kettle of fish.

That's exhausting.Now the 2 Duplexes that we have gone to contract on is demanding Paper work and Paper work that should cover buying the Empire State Building and that is driving us crazy and they are still demanding more, they even want to know the ages of the children, and where every cent we are putting down comes from and On and On.