Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

Or may be we should jail and fine mortgage loan officers who issued pre-approvals and then approved the deal/contract with buyer before underwriters went over every dot and T in all the documents submitted buy seller and retail buyer? 

This is especially helpful if you plan to continue investing and don’t want multiple mortgage loans affecting your credit report.Streamlined Process: Since DSCR loans are focused on the property’s cash flow rather than personal financials, the approval process can be quicker and less documentation-heavy compared to traditional mortgages.If you want more info or need help getting started, feel free to reach out!

As for the gift for the down payment, it's generally allowed, but it must be properly documented as a gift letter to the lender.

You would be violating the law for doing that.Be comforted that most prospective residents don't provide proper ESA documentation. 

They have access to your county court house documents where you are encouraged to send out 200 letters a week to the leads you are given.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

So have your LTR tenant sign a separate document acknowledging that they realize there will be transient guests next door.

Neither document should mention the other--lease is a lease only, option to buy is only an option. 

They went belly up and now are getting personally sued. someone sent this to me the other day that I posted in another group as well: Document List (state.ny.us) - I will also add I am in note investing and a famous guru who now has around $2M +/- in judgments against them used to have large conferences and would charge for it.