Contract for Deed | Texas Law HelpReason I ask is a contract for deed is a type of seller financing that the owner maintains title to the property until the loan is paid off.

.- Set your standard and don't give up, in general, in the markets that I am active, you have some interest, but people that qualify is minimum, in most cases, I would say that what Jon said about 70%-80% is accurate in my markets too.One important thing that I found is that meeting them before you do the final decision is very important, I had the opportunity to have a competing tenants one and when meeting them it makes life much easier seeing if they will care or not for your house.

Once  the arhitect is through with the preliminary work, the GC can help value engineer the design before the final permit application submission is made.

I did explain to them their options they had (such as sell it on the market, keep it and file BK, get a loan mod, and credit counselors out there who could potentially assist).

Moving forward I plan on doing 2-3 flips per year which will be will be Cash deals with no loan.

If an investment property, there non-warrantable DSCR loan options.Some details:Loans available for purchase, rate and term refinance (no cash out) and cash-out refinanceCredits score down to 620LTV are up to 75% for purchase and 70% for cash out.Rate buydown feature available.DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.For experienced investors (one year of investor experience and own home), short term rentals can be structured off of 12 month short term rental history with 20% expense factor.

I hated my life with property management for the first five years but the last five years have been great as we finally figured out how to do it right hahaAnd definitely no need to fix anything that isn’t broken.

Whenever you apply for a loan, the credit reporting agencies will give your information out to solicitors.

Always ask about the loan process and what to expect, as some lenders can operate differently than others.

You could borrow up to usually 50k for mortgage loan.