Of course, their real estate deals are covered by the same safeguards as conventional real estate loans but, in terms of unusual investment deals, hard money lenders are infinitely more flexible than standard lending institutions.

What should I ask for in terms of seller financing, what is a typical agreement?

In terms of what you'll need: - signed disclosures (authorization forms, etc) - most recent 1 months pay stubs - 2 months most recent bank statementes - 2 years most recent tax returns and W2's - fill out an online application Depending on your circumstances you might have more items such as letter of explanations, divorce decree's, mortgage notes, income verifications from your employer or rental verifications from your current landlord, etc Hope that helps!

I want to build this fairly cheap (in terms of design, not quality).

A good follow up plan for the non-payers in terms of legal process will also put a message on the streets.Kansas City unfortunately has several PM companies that do not provide a high level of professional service.

Ann Arbor is a pretty interesting (i.e. challenging) market so I'm hoping to connect with other folks in the area and develop mutually beneficial relationships.This community has really impressed me in terms of people being genuine and helpful and I'm looking forward to becoming more involved.Cheers!

If you don't have this requirement in your property rules, and want to add it as a change in terms - you will need to go one direction.

Duffy Realty (a flat fee listing service here in Atlanta) is one of the biggest brokerages -- in terms of volume -- in the country.Personally, I believe this is just the first step in the commoditization of real estate transactions...

Obviously I'd prefer not to do that but if it came down to that and I could swing it in terms of cash flow I might try it.Still looking for alternatives as of now though so I'd be really happy to hear anyones creative ideas on how I could raise this small amount of funds.

In terms of aspects of the services they provide, what should I inquire?