Great question Yesenia-You have a house you bought well and fixed up and rented with equity.

Welcome to BP - lots of great markets and submarkets in the general DFW area, even stretching now up to near Oklahoma in the north and down towards Waco/Temple South - lots to evaluate and choose from!

Have there been inspections passed up to this point of construction?

Non-recourse loans are typically more common with large-scale commercial projects or through institutional lenders, but most lenders prefer recourse loans where personal guarantees are required.The reason most loans are recourse is that it provides the lender with additional security.

I can't speak for Tampa, but back in the day for Los Angeles County there was a minimum bid at the auction at the courthouse steps and then it went up from there.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Unfortunately having title issues is one of the reasons that sellers are sometimes willing to do seller financing simply because they know mortgage companies won't approve without proper title work and title insurance so they have to be more creative in the ways they sell but that can be risky for you as a buyer.If you do seller finance I recommend having very specific terms on HOW payments will be made and accepted and using a professional service like https://www.agecroftcapital.com/ for loan management in the case of any disputes - just my personal rec, not sponsored by BP though I do work for BP :)

@Becky SwensonThe short answer is yes.long answer is the lease or leases can be a little tricky post closing so it’s good idea to be transparent about your strategy with whoever you end up working with, and as soon as you can before closing take a good read of the documents.

He ended up taking advantage of me saying 'yes' to every request.

Michael,All good questions and good to ask up front to avoid issues down the road.