I trademarked the phrase IBuy Houses Ugly Ones Too.

I have to admit its premise is starting to grow on me.The phrase that comes to mind is "if you're not moving forward, you're moving backward".

IMO everyone is dead on but drilling a little deeper...Your Sub-2 the buyer takes title as mentioned above and takes an equitable interest in the same manner as if fully purchased, but subject to performance of the contract with the seller.This is often confused with an assumption, but the phrase "loan assumption" has a legal side and is something that only the note holder may grant.

- I believe, 26 or 27 and I can't answer the 'financial independence' phrase question.

I prefer the phrase: How would you like to receive 8% in safe and secure, fully insured investments?

@Brandon ReffettKiyosaki and many others who repeat this phrase are full of it, basically.There're many investors who highly leverage their properties (meaning huge loans) and show zero or almost zero taxable income, due to accelerated depreciation and other tax strategies.

The phrase "curiosity killed the cat" comes to mind.

Those phrases and words you suggest are also going to tell lenders you're an investor.

Perhaps that phrase is throwing them off.

They are bullying investors over a common phrase that has been used for decades.