It is always recommended to do it using LLC but not all types you will qualify if you don't have business with the lender or you don't have experience.Feel free to reach out and we can setup a call, I am working with multiple clients that are doing similar things in DFW.

We've even tried to get the lender to report our on time payments to the credit bureaus but they won't.

If he declines, you thank him for hearing you out, and you move on to the next one.And on the loan, it's probably not assumable, and I don't recommend that new investors buy deals sub-to.Do you have a lender lined up?

Make sure that your lender/loan officer is willing to get on a call with your lawyer to help out with any discussion/details to dial the agreement in as much as possible.

I have been seeing a lot of lenders tightening up on cash out refis and appraisals coming in lower.

In the IRS Private Letter Ruling that caused people to worry about this they said they would consider it subject to self-employment taxes (schedule c) if you provide services above and beyond.

Eventually the lender or HOA will foreclose and there will be an auction and a new owner. 

There is not a way to get cash out on creative finance, unless you involve an unwary private lender at great risk to both lenders.

I was doing private lending for long time.

Does anybody know if my father can prove his income to a lender when I try applying for an FHA loan instead of my income?