The bank would still want to know about the commission to include it as an expense on the final closing disclosure.All the best!

@Toby FellowsGet an attorney and have them complete the process for you would be my recommendation.While it is something you could do, I always recommend spending a few hundred bucks to make sure it’s done and done properly

Happy Holidays BP Family - I'm currently working on a seller financed industrial deal, asset on the smaller end (~10ksf).

The price of the property would not exceed the cash coming from the stranger's account + possible cash coming from my account.

I only recommend this route if you are looking up a lot of properties regularly. 

Which brings up another set of questions.When I go to rent, will I receive less rent bc its only considered 2 bed 2 bath instead of 3 bed 2 bath?

After some research, I've come up with the following:- Blown-in insulation to fill the joists with hard-packed cellulose- Add asphalt panel board layer across the entire ceiling to the existing drywall and fill the cutouts. - Add a second layer of 5/8's drywall to the asphalt board. 

Find a knowledgeable and trustworthy broker in your market that can shop amongst the various providers and find you the best deal while still making sure you have the protection you need.

You can also search Google and read reviews.

@Jay Hinrichsabove SEEMS basic, BUT from the posts I’ve read A LOT of would be investors don’t understand that.