What capital do you have available now to buy or are you only looking for seller financing?

I have worked in finance for several years and recently became a CFA Charterholder.

Consider financing options like hard money loans, or FHA loans for house hacking, and focus on areas with strong rental demand near the MA/NH border.

There are a few programs that can do second position financing but typically underwritten based on your personal income.

If it were me, I would buy cash flowing, seller finance deals, keeping my debt to income low, low down payments and negotiate competitive terms.

How did you finance this deal?

Most affordable developers will pay more for a given piece of property but will want to lock it up for two years under a financing contingency so that they can go through two rounds in the event their project doesn’t get awarded on their first round.  

How did you finance this deal?

Because of this, in my opinion, the financing type and rate received is going to be more important than the strategy type itself.

Did you lie to the mortgage co and produce a “bogus” lease in order to obtain financing?