But, waiving all your rights to secure a property is quite another.

It will be hard to secure a traditional loan without enough income to keep your DTI ratio in line with the requisite thresholds.

Hey BP fam, i currently have a self loan through my own personal bank to help establish some credit now should i wait till its paid off to get a secured credit or should i get one already and also should i get another personal loan through another bank to build credit as well?

If I can pay my expenses with social security income and medicare, would you recommend giving it a go?

In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause.

Radiation detector or a leveling weight.

Source of down payment funds, if applicable: own funds, secured borrowed funds (HELOC).Income Source: Salaried FTE W2 until 7/1/21, 1099 independent contractor (healthcare consulting for 2 years)Gross monthly income (optional): $6KMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $1,400FICO: 696Credit issues: One late payment on a card recently, currently owe $4,700 in cards.  

Today I had closed on a duplex, signed all the necessary papers and after I had left I realized that I had not received the rent checks or the security deposit from the seller.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

This technology is in its infancy for use in real estate but I think it will really take off due to the security of the transactions and ease of investing.