If it is available to you for zero charge, then pass through that and don't charge the guests.I doubt that other boat owners will care much as long as the guests are decent boaters with some skill and are not running into their boats.

We bought a townhome in October of 2022, intending to live in it for 3 - 5 years, then rent it out.

The seller then assumes the first lien position as the mortgage holder, allowing you to negotiate the interest rates, terms, and payments creatively.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I am here to find and BRRRR my first property then be dynamic about the next step seeing what options would be best from using the ARV money.

This would not be a lien against your home, rates are good for the first year and then increase.

@John DeanIf it’s going to be owner occupied then you should use a loan servicer as its required by law in most states and for every incorrect statement you send every month you are committing CFPB violations and if the borrower defaults you are technically not allowed to collect interest - in some states if they have a good attorney and default they could wipe you out in legal fees…My bigger question is why would you seller finance?

I’ll then follow up via text.

If you don’t have anything valuable to say then don’t say anything at all.

Currently working as a lab scientist which relatively pays good but then again I'm not sure if I gotta start real estate after years of saving?