Your COC ROI is directly in line with my numbers based on traditional financing but this option was never brought to my attention in my banking discussions today.

When this transaction is done, I will be receiving $20,000 profit thereabouts (not considering closing costs, agent costs, etc).

Hey guys- I placed my (tenant occupied) Austin house on the market yesterday and our showings have been positive– received an offer earlier this morning that I think we will end up accepting.  

Most people are required to have 2 years of experience but if you are a student, and receive a job offer in your field of study, the lenders are allowed to use your student history as your job history. 

@Danny Randazzo Yes, so I will be performing all business related transactions such as making loan payments, property taxes, receiving rent, etc with LLC account.   

We've got it listed at $259k.Recently received an offer and came to terms with the buyer for a sales price of $255k plus a few improvements (septic system, some additional carpet, etc.).

I somehow got some of the notifications for messages I received but missed the responses on the thread.Glad to hear others are interested!

I'm hoping you receive you money back, but be prepared not to get any of it back.

I have seen people put their own property in an LLC, then rent their property from that LLC, and that would help some but then you would not receive your "Homestead" tax exemption here in Texas.

I grab my cleaning ladies phone or my old cell phone that connects to the internet and manually enter the credit card numbers while they are repeating it to me.