We ensured every home had a wide collection of quality cookware, spices, coffee, etc.

As for DSCR loans, they do tend to close quickly, and most lenders will require proof of funds to close.

., MINUS Holding Fee paid.3) Utility Transfer: we require proof they've put all applicable utilities in their name.4) We do send them a copy of the lease to review.Once all above done, we send lease to sign electronically.

I’m continuing to put out plenty of offers on various properties and exploring different approaches to see what gains traction.For this one, I’m considering proposing a rent-to-own/deal finance contract with strict contingencies—something like requiring monthly photo proof of bank loan payment, with the understanding that failure to comply would result in a loss of equity of the seller.

I am new to RE investing, and hoping to tap the collective power of this awesome group in starting my RE journey. 

There has to be an account in the middle for repairs, renovations, etc. and you want to know how that will be disbursed and if you need a workflow between you.If you decide to do it, just start small with an asset that is as close to can't lose as possible so you can fine-tune your collective process.

Just trying to make sure it isn't called due right away or in the middle of the term as then we'd be scrambling to figure out how to pay it off when we both agreed to be on a payment plan until the balloon payment at the end is due.Seller finance makes sense in where I'd essentially be the lender collecting monthly payments until due.

will i also have to furnish proof for those items complicating things?

Hello Cherilyn,I think you have a couple of options, the good news is that they are paying you, the better news is that you are collecting late fees.1.

Money you can collect cash flow from for years to come.I looked at financial adviser's who promised 30-40K per year return on the cash after taxes.