Servicers do not hold the note in custody, so they would not be able to produce the wet ink note.

I was wondering if anyone had any advice on how much might be wise to budget for the following issues:There's some water stains on the ceiling that weren't wet.

I got in, Biggerpo, after "watching"(as a mortgage broker no less) other folks stepping out onto that diving board & getting Wet (& rich) :wink: As Investors "who DO"....they ARE!"

I figure it could be a great way to get my feet wet since I'll be gaining first hand experience and knowledge while they obviously benefit by avoiding interest, up front points from hard money, financial risk, etc.  

Anyone have experience renting a spare bedroom/bathroom in their current house?I was thinking about a single family house 3/2 (or something with in-law suite)I am early 20's and considering it instead of a duplex/ tri...

We've used a local lawyer before and he was such a wet towel I can't imagine how he can be successful.  

Get your feet wet with a few transactions, learn the things they don't show on HGTV and then use that experience to talk with investors and to pick the right investment opportunity that will build you and your investors wealth. 

I might want to live here again someday and won't want to come back a house that's been rode hard and put up wet for lack of better terms. 

If you're unlucky enough to have purchase a home where this was done, if you put a wet roller to the ceiling, it's all coming down.Account Closed if you have water damage, you first need to use an oil based primer like Kilz, or the stain will bleed through.

If you are new to investing though, I would recommend you at least get your feet wet with something on a bit smaller scale.