Hi all, I’m doing some research on what keeps agents with their brokerage for so long or for some agents permanently.

There are lending options to cover 80% of purchase and 100% rehab, but you would have to bring about 20-30% to cover costs.11 Capital Finance is a nationwide commercial mortgage company that works with hundreds of lenders in the United States.On the Permanent Side we do: 1.

If you can provide evidence that your family is out growing permanent residence.

The reasoning for this in condos in which people live full time , as opposed to where everyone is using their unit as a vacation place, is (1) quality of life for the permanent residents, (2) limiting the rental units” below the percentage where conventional financing is no longer available (3) avoiding a hotel like or timeshare like atmosphere, (4) safety issues and (5) resale issues.There are condos, particularly in vacation areas, that either by design or be default are short term rental “friendly”.  

-no bank loans-. a big reason I am considering this is because currently I am in the ghetto currently and man it sucks with a capitol S for a multitude of reasons. my bills all in run about 700 currently after that I am free and clear that is how we are saving so much, but the stress of living here takes its toll. and I am not willing to move until I own a duplex I would rather eat dirt then not hit our goals and make our dreams come true of truly owning our lives and time.I would just get a mortgage but due to all my income currently being from my GI bill stipend it is not considered permanent, thus rendering me unable to get a conventional mortgage, and due to her culture until we are married. which we are putting off until I am done with school because of how rough engineering is we don't want to get a mortgage in her name. making all other options pretty difficult making this one an actual viable option to do.I have done the math with out saving rate, and how it would increase when we bought the duplex. by doing this we could have two duplexes with large amounts down mixed with my student loans in a working class area by the time I graduate making cashflows well over the amount I need to pay the loans and then some, then use my va loan for the third and rush to pay those student loans off. doing this with at least this first one if I never used student loans again would make my housing situation infinitely better and help us save and invest even more then. and I wouldn't have to sleep with my gun under my pillow every night. so I am really sold on doing it once so far sense I don't have many other options and am in a unique situation.I am really moving towards doing it just this once. and seeing how it goes before I do it again. what do you all think?

Same thing with a bank as this amounts to a construction loan with interest only payments with draws until you can convert to a permanent loan.The owner finance is only worth it if the terms are right for you.

These are generally not up to code and will fail FHA/VA/USDA appraisals, and possibly others.The reason is that the permanent steel lally columns are filled with cement. 

And then extend that benefit permanently to your heirs.

I would just make sure you have some sort of permanent record, like an email, that you have pointed out to them the significant repair costs and the fact that they might be getting in over their head.  

. :) We plan to live there until another place we like better comes on the market, then get that as our permanent residence and rent out this place.