Prepare a justification for your offer that includes market data and any necessary repairs or enhancements.Even if stability may be obtained with a fixed-rate 30-year mortgage, it's important to compare financing conditions.

My mom has no existing mortgage or any form of lien on this property.We accepted a seller financing offer, and are currently under the closing process.

Current contracting customer How did you finance this deal?

I did all my due-diligence on my own, and with the help of some YouTube videos(Ted Thomas) How did you finance this deal?

I also welcome perspectives on utilizing a HELOC, other financing options, or keeping my primary mortgage-free.

i need to figure out the financing as opposed to paying cash. 

So here goes:I understand that as real estate investors, we know that it's about buying in the right market, with the right strategy and with the right financing.

His byline has appeared thousands of times in publications including Barron’s, Forbes.com, Boston Globe, and Chicago Tribune.More in Finances & TaxesHow to Qualify for Energy Efficiency Tax CreditsIN TAXESCharge up your tax savings by getting money back — and savings on utility bills.How to Qualify for Energy Efficiency Tax CreditsReverse Mortgages: Pros and ConsIN FINANCINGLearn the basics to avoid surprises.Reverse Mortgages: Pros and Cons7 Benefits of Buying a HomeIN BUYInterest rates are only one factor when it comes to buying a house now.7 Benefits of Buying a HomeHow to Move Past Student Debt — and Into a HomeIN FINANCINGYou’ve got options, like repayment help from your employer and coaching from a mortgage broker.How to Move Past Student Debt — and Into a HomeHow to Shop Around for a Mortgage LoanIN BUY & SELLHome buyers who do mortgage loan shopping can avoid leaving money on the table.How to Shop Around for a Mortgage Loan

How did you finance this deal?

The deduction is maxed out at a rate determined by the interest income, 30% of the taxable income, and its floor plan financing income.