15 March 2024 | 2 replies
The problem I am facing is I don’t have income and no collateral so I can’t finance my down payment with lenders/banks.
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15 March 2024 | 16 replies
And yes, moving out and purchasing another property to house hack (and use the bathroom renovation budget for a down payment) is an option for me!
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15 March 2024 | 3 replies
A family member agreed to finance the down payment, but I ran into a snag obtaining conventional financing so I ended up borrowing the entire purchase price from the private lender.
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14 March 2024 | 3 replies
Ask for one year history of the rent payments from her family's rental property.
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15 March 2024 | 1 reply
Was the house paid off or did you take over payments?
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16 March 2024 | 10 replies
.- Current owner continues making monthly payments, we pay him after he shows he paid the mortgage on time.
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12 March 2024 | 8 replies
Downpayment, closing costs, holding costs (loan payment, utilities, insurance), money to front the contractor to get started (you get back after the rehab is done).
13 March 2024 | 4 replies
Contractor - this is still hard for me to find someone solid and reliable.
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15 March 2024 | 31 replies
If cash flow is your top priority, Cleveland's reliable rents and predictable income could be a strong contender.
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15 March 2024 | 7 replies
I released the co-signer after first year of timely payments.