The buyer and seller agree to the terms of a promissory note that details terms like the loan amount, interest rate and amortization schedule.

Run a quick business case analysis and determine which option costs you the least amount of cash to get her out.

I've been educating myself through books and podcasts on topics like sourcing off-market deals, deal and property analysis, creative financing, and title reviews.My fiancé is an architect that works with GC's and structural engineers to design homes ensuring they are functional, aesthetically pleasing, and safe- which I hope will help me navigate this space as I grow my knowledge.

Same goes for DSCR loans - even if theyre not on your credit report, if you PG'd the loan (which is almost always the case), it will be included unless there is a justification to exclude it (such as it's been paid by your entity for at least 12 months and is included in a business cashflow analysis).If you're finding good deals and have cash for downpayments, but are hitting DTI roadblocks to acquire more properties, then DSCR loans are likely the answer.

As an alternative, underwriters can do a cash flow analysis from the business tax return (2-year average) and exclude the personal liabilities from your credit report if the mortgages have been paid from a business bank account for 12-months.  

These lists include details like the type of permit, property address, project scope, and sometimes the owner or contractor's contact information.How Real Estate Investors Can Use Building Permit Lists:Identify Potential Sellers:Investors can track permits for major renovations or additions.

My real estate agent, who has a long prior career history in construction, seems to be happy with both the properties and has inspected them in detail and also been under the crawl space noting new plumbing, electrical and foundation sister-in-law beams too.As mentioned it is looking very likely the current buyer will not meet the closing deadline at which point I am next in line and have got price agreed with the back up after a few phone calls today. 

I can explain these programs in more detail so you have an understanding of what it is.1.

There is much more nuance to investing than just HELOC vs cashout and I think investors miss a lot of the finer details and often select the wrong tool for their objectives. 

Guess who sat next to me taking the most detailed notes I have ever seen anyone take.