Yesterday I received the appraisal report and although I feel it’s a touch low (of course) I am still delighted with everything.

So instead of 4.5% at a bank or credit union, the buyers will pay 8% and maybe even 9.9% with you.Now when you sell that loan, the buyer of the note will want to yield 12%+.Plus they will want to see a qualifying package including credit report, job history, etc.

As example, list segments in Lufkin for single family homes <$100,000 with 2+bathrooms (the county doesn't report number of bedrooms) owners known to have low equity eliminated: 208 Seniors, age 60-89, 15+ year residence96 Absentee Owners215 Owners with Low Financial Stability Scores, age 40-89, 5+ year residenceThese are great potential sellers for you to mail a letter of post card letting them know how easy you can make it for them to sell their house to you.

View report*This link comes directly from our calculators, based on information input by the member who posted.

I have 3 other invest properties with mortgages so I figured the asset based loan that doesn’t report to credit would be the way to go as I look to ramp up the rental units.

I have 3 other invest properties with mortgages so I figured the asset based loan that doesn’t report to credit would be the way to go as I look to ramp up the rental units.

View report*This link comes directly from our calculators, based on information input by the member who posted.This report shows that I have no capital in the deal once I refinance.

View report*This link comes directly from our calculators, based on information input by the member who posted.This is a cash only property, I am calculating this as if I got a va loan approved.

If he doesn't report it as income, you can't report it as an expense.

View report*This link comes directly from our calculators, based on information input by the member who posted.