Financing a long-term purchase with short-term money is THE CLASSICAL road to bankruptcy and should be avoided at all costs.

Or you can always use the classic "I just got a better offer in the mail from another credit card company".As far as hard inquiries go you shouldn't worry about those unless you're trying to get approved for more credit.

Amateurs whine that my properties are too expensive when they have markets like Detroit where you can buy a home for the price of a cheeseburger.

Classic categories of investments are real estate, stocks, bonds, and commodities.

Hi Mark, So you are classic conventional landlord :) Do you use any software to handle / organize yourself?

The property was originally your classic 1970's single story ranch.

I'm considering buying a used mobile home and offering seller financing (classic Lonnie deal).

Many C grade neighborhoods here are filled with homes built in the beginning of last century. even B grade neighborhoods like western Lakewood will have homes and multifamily dwellings built during that same period, but much of that area has been well-kept and now provides a nice classic décor and look.As you stretch out further in the suburbs, you'll be able to find B grade properties built in the 50s and 60s, and further out in A grade cities like Avon Lake, Strongsville, and Westlake you'll find new builds and homes over 4,000 sq. ft. that have been built after 1995.

If you have equity in this property - you could create your own loan - well sort of - Create your own mortgage and use that mortgage and note as the down payment - ask sell to take the note and also give you some seller financing.This is a classic nothing down with created paper.Let's say you have 30,000 in a property Go to your friend title company, maybe Highland Title on Eastern Avenue, ask the title lawyer to create a mortgage on your build - be kind to yourself 3% interest amortized for 15 years.Next find a house you likeOffer to give them the $30,000 mortgage secured by a second on your house with payments of X-$ (that you will be making) also ask if he can carry a small mortgage.Alternatively, if you can get a partner with equity, create the mortgage on his property, say for $100,000, but this time split the notes; instead of having one mortgage note for $100,000 have 4 notes for $25,000 each secured by the mortgage and the property -This way you have 4 opportunities to use these notes for down-payments.These concepts are a little creative - but they work when you understand how they work -Wishing you good luck.

I'm hearing a classic case of buyers remorse.