Hi Alex,Like my colleague mentioned, you could either purchase the property from your grandmother, but would need down payment / reserves to support loan requirements or have your family add you to the title of the property to meet minimal seasoning underwriting guidelines to refinance the loan in your name. 

If I send out my mortgage payment and someone steals it from the post office, the mortgage company doesn't tell me I can just consider those paid and they'll try to figure out who stole it.

I would use the new FHA loan and apply for that.

There are many title search companies available that can help you.2.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Hi @David Flores,I don't know the ins and outs of FHA bank mortgages as I have yet to use this type of loan. 

What matters is that you are the host not another person or company.

Loan, put 30% down.

While there are returns and security in substantial positive cashflow, you also get returns through appreciation, tax deductions, and loan paydown.

In running a business I would not take a chance on a small / unknown company.