Does anyone have their company letterhead on their yellow paper direct mail piece?

Otherwise, the lender will likely take their P&I and "trust" you to pay your taxes and keep up the home-owner's insurance you agreed to carry when you signed papers at closing.Mind you, I haven't purchased a primary residence since before the crash.

Now I want to know what paper work do I need from contractor before I pay him the remaining amount.

  $36k is not much to be renovating 2-4 units, and the extra paper work and fees for a traditional aren't that imposing.

I'm having trouble with some of the paper work and have questions,but maybe i'm just overthinking it.

Going to the neighborhoods in person is a pretty good idea.It is always nice to be able to see the exact types of neighborhoods your looking at on paper in person.

IE send me 750 dollar fee to process your paper work and you never hear from them again. to my knowledge the only way to get these super low rates is to have a big enough brokerage account full of stocks and bonds that are publically traded pledge 50% of them and get a loan at one over libor..

If its your first time, hire a consultant who is an expert in this field and who can do all the paper work and board the note for you.

I do not hold paper in the name of the loan origination business.

For a couple who wants a MF home, can afford a reasonable down payment, can cover the monthly payments, will have additional income charging rent on a 2nd/3rd unit in the building, however may not have the extensive credit/employment history on paper.