This is a great first step into your financial future.

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.

My main concern with this this is it's a separate asset that has to be attached to the structure.What happens when you need to have the roof replaced they're going to have to detach that thing.

What made you interested in investing in this type of deal?

Instructing or deliberately causing a borrower to sign business-purpose loan documents when you know the money will be used for consumer purposes has always carried civil liabilities.

Some people will do this with one building, then after a year go out and repeat the process with another property.

I am on the lending side of things and always happy to discuss shop and various funding options out there, even if not within my resource pool.Cheers!

Happy to connect and share whatever resources I can to help you get the ball rolling this year! 

The reverse mortgage company wants buyout and I dont have over 200k to pay out.

Will this be a more lucrative long term move than just buying an existing duplex or is this needlessly complicatedThanks It's needlessly complicated.