All Forum Posts by: Karen Ness

 The lender has told me that as the guarantor on the company this would still affect me personally so it's not much different at this point if we purchase under me personally or under the entity. So, after exploring several options, we just have to hold until our home is completed and then we can look at purchasing rental property. 

We are currently trying to buy a property in North Dakota which will be an investment property for us, but my mother-in-law will be living there. Our problem is, we have identified a property to buy but we are right in the middle of construction on our new home and our lender has told us not to finance anything else until construction is completed. We have about 2-3 months until our home will be done but I don't believe this home in North Dakota will still be available if we wait. So, looking for creative ideas to finance the new home purchase in North Dakota. 

Open to all ideas.