LegoffWe sell after origination our real estate loans interest only 12 month terms Rates are 12%+

Original price was around $270,000 but right now I would say it's worth around $390,000 for some rough numbers.  

Ensure it meets safety and zoning requirements before using it as your primary residence to avoid violating any laws or terms of your owner-occupied loan. 

Did you sign anything to terminate the original deal?

In terms of market, I went out of state early in my career.

Efficient negotiations secured the property for $200,000 under favorable terms.

VA loans require a significant portion of the loan term, while conventional loans typically require moving in within 60 days.

I continue to get emails from Steve Mayer of Finance holding Company, but he keeps wanting me to pay a deposit + his 2% origination fee upfront...seems like a scam and wanted to see if anyone has done business with them in the past

Consider factors such as location, property condition, future development plans in the area, and your long-term goals.Remember, patience and persistence are key.

The house was originally listed for $262,000 and I was able to get the price down to $232,000 based on the condition of the home.