This option is ideal for converting to an income property because the (when the renovations are complete, and the property is stabilized) the borrower can begin receiving income from the property before regular mortgage payments are due.

My huge issue with these guys (and Wealthability) is the business formula appears to be the following:Master guru sucks you in with their knowledge via books, podcasts, Youtube, seminar.Master guru tries to hire minions to re-create his success (it underdelivers)Master guru tries to scale too fast and becomes more of a salesman (clients further suffer)I am interested in learning more about this and can deal with negative reviews but the negative ones outweigh the positive ones online for Anderson and in 2023 no less, so this is an active problem. 

Purchase price: $280,000 Cash invested: $36,000 While relocating for work, I was able to get a multi family for with the rents covering the mortgage.

My primary is paid off also so I have no mortgage on either one.

Please share your insights if anyone has encountered negative feedback or reasons to avoid doing business with this group. only actual review I found online was just posted on Feb 16th, and looks fake...  

It's making us rethink our strategies and possibly move beyond the traditional ways we've been doing things.Then there's the impact on mortgage lending.

HELOC= Short term cash needsCash out (or even a closed end second mortgage)= Long term cash needs 

(Source: The Mortgage Report)Here's the link for more details: https://themortgagereports.com/107690/fannie-mae-introduces-...Opportunities exist in every economic cycle...this is a great one for building and preserving wealth.Best... 

These are the sorts of things that will be evaluated to determine if you qualify for a mortgage. 

I live less than 2 miles from this place and unlike my number, my home address is easily obtainable online.