They had me state my name, etc and then asked a series of questions to document what I claimed to have seen.

Mr/MrsWilliams-Some points that will help you sell.1.get proof of under market value - NOD-COMPS at time of purchase2.document repairs with receipts.This will be helpful for buyers new mortgage company.Good luck

Not required but no need to put out more money or sign documents if you do not really understand your full position.Do you know who the lender is?

You should check on the state laws for each state.An attorney can draw up the documents.

If there is an agent then they will strongly prefer that you use there documents.

John CoreyGood morning John CoreyI am the located in Corona California which is outside of San Diego county .have a question in order to become a bird dog are there any special forms, contracts ,or any other documents that I need in order to make this happen ?

Loan Criteria Documentation Full Income / Verified Assets Main Credit Score 580 Occupancy Owner Occupied, Non-Owner Occupied Foreclosure 84 Months Old Bankruptcy Ch. 13 84 Months Old Bankruptcy Ch. 7 84 Months Old Loan Amount $100,000 - $1,500,000 Lien Position 1st Mortgage Cash Out Amount $1,500,000 Loan Purpose Purchase, Rate and Term Refinance, Cash-out Property Types Hotel/Motel, Other Commercial Types, Restaurant/Bar Rate Types Straight Fixed, Adjustable, Hybrid Amortization 15 Years, 20 Years, 30 Years States AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY Special Features Borrower is a Corporation, Borrower is a Trust, Interest Only Payments Available, Borrower is a LLC or Partnership You might even have to consider a hard money approach---here is an example of what you can expect:COMMERCIAL, 001 70% commercial Loan Program Notes • Loan amounts are allowed from $100,000 to $5 million

The industry's sweet spot is 90 LTV (90% financing) and you would need a FICO is the high 6's/low 7's, be able to document income/assets, have cash reserves on hand, etc. in order to minimize your down payment requirments to 0-5%.

Mortgage brokers, the closing process when reviewing documents, are two examples.So, I would say that a hands-on landlord or hands-on rehabber will still invest locally.

There is so much repetitive document creation, the opportunity for errors is huge.