If that answer included, or was dominated by investors, I would really have to consider the income.

That is kinda their role to give credit relief after all.Anyway, good advice above.

So if you purchase a property and take title to it, unless that is Subject To, the title to the property to will be free of mortgages and other liens, etc.You can finance the said property, offering the property as security for the loan, your role at that point is a Borrower.Lending yourself money is not arm's length and does not do anything for you.

Welcome @Dominic SchroederAn expert in WASH state is @Steve VaughanI would consult a CPA too.A real danger if houses depreciate is that the tenant can not buy because the house does not appraise.What will you do with the net sale?

I am a contractor and I will tell you that you never just let the contractors work and let you know when they are finished.In my current role as a subcontractor, I hate GCs who let "jobs run themselves".  

The company has more properties in Memphis that are being sent to me to view.If your in the RE business, in any role, as an agent, wholesaler, investor, please do your due diligence on your deals. 

My mind had enough information and experiences which allowed me to change my work role from physical to intellectual. 

That would eliminate the bank’s role and minimize the affect of your credit.

hello all,i live at home with family and i have a WFH role. i have an 805 credit score, no debt, and 100k capital to buy.the options i see that could work for me are as follow1. buy a 2 unit in Paterson or central jersey where i can add value by fixing up the basement as a studio and combining it with the 1st-floor rent making it legal along with an extra exit.

hello all, i live at home with family and i have a WFH role. i have an 805 credit score, no debt, and 100k capital to buy. the options i see that could work for me are as follow1. buy a 2 unit in Paterson or central jersey where i can add value by fixing up the basement as a studio and combining it with the 1st-floor rent making it legal along with an extra exit.