They will open escrow, do a title search, lien search, issue a title insurance policy, calculate pro-rations, order payoffs, prepare a settlement statement, record the deed, etc. as part of the closing process.I AM ONLY EXPLAINING THE PROCESS HERE...THE FOLLOWING IS NOT TO BE CONSTRUED AS LEGAL ADVICE, WHICH I AM NOT QUALIFIED OR LICENSED TO GIVE - CONSULT AN ATTORNEY FOR THAT.But, yes, assuming your contract calls for clear title (a good example is the Florida Realtors Vacant Land Contract, paragraph 7), then yes - you could conceivably make an offer using similar terms, and once you and the seller have agreed to terms and signed the contract, you could take the contract to the title company and they would work their magic.The title company would let you and the seller know what they uncover during the title search, lien search etc., and the onus would then be on the seller to settle any outstanding liens at closing (assuming they are less than the purchase price, they could come out of the seller's proceeds on the settlement statement and be paid by the title company).

Get a written opinion of the rental value from a qualified real estate professional.2.

I think you're over-inflating the crowdfunding effort for investors.I'm doing 12 to 15 deals a year and I can't qualify for crowdfunding.

In Louisville, you should be able to get a solid 720 no problem.I'd skip this guy, and move to the next more qualified candidate.

Each state has a down payment assistance program that will loan you the funds for that down payment, but since you already own property, you won't qualify for this.

If you could still qualify for the home purchase today then you could probably refinance it if you had to.I have to agree with William Morgan that it may be best to seek other ways to protect your assets if you only have a handful of rentals.  

I wouldn't worry too much about not having assets when it comes to qualifying for a mortgage, that's doesn't factor into the equation, with some readily available conventional loans.  

You may be able to qualify for up to 5% downpayment assistance through their program. 

If I'm not qualified due to DTI now, I probably won't be in 3 years and the bank still isn't going to want to loan the balance to me right?

I can explain off-line if needed.There is also a "process" for qualifying a foreign entity...