All Forum Posts by: Dena Sommers

I own a home that is too large to rent - no demand.  I have a 2.5% interest rate on the balance of the mortgage.  We will be moving but I like to owner finance what is left on the mortgage at a higher interest rate because I do not need to pay it off to qualify for our next home.  I want to profit off the interest rate and perhaps offer 6% rate on what is left on the mortgage. Is there a way to do that?  Thanks!

Seeking an investor focused Real Estate Agent in Charleston, SC who has experience and references working with investors.  I am out of state and have been purchasing property in the area but seeking investor focused deals.  Thanks.

Look for fruitful ways to advertise other than just Zillow.  I have a property in Summerville, SC and looks like lots of competition for rentals. Thanks.

I opened a Stessa account like a month ago and tenant deposited $8400. I have been talking to customer service for 2 weeks now because the software will not link to my bank account.  I am suspecting they are acting fraudulently.  They will not release the restriction to wire the money to me or do any additional verifying or anything to help me get my money to me.  I have no way to access the money.  I have sent them screen shots and videos of the errors I get when using their software to add my bank.  There is a bank on my profile but I do not recognize the account number so I will not click on it.  Can a tenant reverse the transaction?  Stessa will not call me unless I pay for upgraded service.  Do I need a lawyer?  I DO NOT RECOMMEND STESSA!!! 

Thank you!!!! 

My bread winner spouse is dying of cancer. I will inherit his life insurance money. I do not have a "real" job but one that makes some money…not enough to support a family. Docs says he has a year to live. He makes excellent money. We have 2 children under 18 to support. I am thinking what can my spouse do to help me launch so I can make enough to pay the bills because once he passes I won't be able to afford our home and lifestyle. I asked him to take out a HELOC for a down payment then qualify for another home. I am looking at short term vacation rentals. Right now just looking to break even then take insurance money, pay it down and buy another short term rental. I need help because I am soon to be a single mother with hardly any income. I plan on getting a full time job with benefits once he passes but doubt it will be enough. Is this achievable and a good idea?