All Forum Posts by: Scott Carder

lol @Scott Carder .. didnt seem like much advice was given. looks to me like hes just mad. so many people in this BP community whine over the smallest things. why comment on a post if you are going to completely avoid the question that was asked?

you gonna snitch? im 20 years old and make less then 6k a year. im trying to get some advice so i can plan for my future.

@Nathan Gesner  USofA wasn't built on taxing everyone to death . Especially when the tax money goes to a lot of waste like everything the government handles.

@Alick Patrick, listen some folks may subscribe that that dribble however do not count me into that membership.  

"It is not being deceptive or committing loan fraud to purchase a single family home with the intent of living in it but changing your mind after closing for whatever valid reason"

It is if the ACTUAL plan was not to ACTUALLY to live there.  Which seems to be precisely what you just supported with your comment above.  You can call it whatever you want, but the rest of us call it loan fraud.  Which includes courts of law.  

There is no being "creative" with well establish and understood underwriting guidelines. The guides take creativity out of the picture.  That is sort of their point. 

It is straight forward - you are buying an investment property.  If you want a loan on an investment property do not call it a primary residence and be prepared for the implications of doing it right.  That sir is actually what real businessmen and women do.  

@Account Closed, I'm not set on anything. I'd never purposefully leave other people without getting there money based on my poor financial decisions. I just think if mathematically I'm going in the hole $200 every month, I should maybe consider filing. For now, I could pay and work things out. But then college comes up and I'm in the hole. So I felt like it may be better to file now rather than later with the same result. And just save as much as I can now. If I can make it work without filing, I 100% guarantee I will!