Since you are going to be an owner occupant then you wouldn't be committing mortgage fraud so I'm not sure what the issue is.

You can't enter into a financing arrangement or a commitment to finance and assign that arrangement, the owner must agree to finance that buyer.I'd think at that price, less than the cost of a car, you need to stick to cash buyers and not suffer the excessive brain damage. :)

Make the commitment to REI at your age and you will reap the benefits.

Just from the responses you see so far you should get the picture: " One Size Does Not Fit All" The return on investment from Low Priced but High Risk Property usually requires a substantially greater commitment of Time and Resources and Hence only a greater ROI would justify the involvement !

Buy, fix and flip a few $25k or so deals until each member has a documented track record and a nice nest egg to head off alone.A "pro" would be on board to help and the whole thing can be a thread here at B P.This can cure the dilemma of "I need experience to get hired but no one will hire me without experience"The group should be as local as possible with each member committed to show up at the property at least once and to be present at online meetings.Thoughts?

Greetings everyone,My name is Moses and I have been living in AK for almost two years, over the course of these two years I have contemplated whether or not to get in to REI, but now I am committed.

( I feel volunteering is a great way thatI might be able to learn some things I may not know)I was suddenly inspired again to educate myself financially and happily I have found some validation in my personal thoughts in reading the latest book.My reading is leading me to additionally reading which I expect and so I amGoing to exercise some self discipline and commit to reading the entireBeginners guide cover to cover by Sunday at the latest.I am sure that reading the guide will further inspire me and possibly lead toQuestions.

I'm trying to reschedule a prior commitment.

Always good to check that before committing to a tenant.

Permanent rate is set at time of commitment for 5 years to the 5 Year US Treasury Rate plus 3.00% (as of today would be 4.76%) or for 10 years to the 10 Year US Treasury plus 3.00% (as of today would be 5.73%).