However when "House Hacking" you live in the property so you get to use "owner occupied" financing.

Hello everyone,  I am looking to move from my house hack in Burien WA and wanted to test out the creative finance world by doing a subject 2 deal in Seattle (preferably West Seattle) and build a DADU in the back.  

Howdy,I do owner finance and am dipping my toe in selling off partials, simply to grow the business.

For these short term bridge financing.

According to the Consumer Finance Protection Bureau...Is my PMI automatically canceled once my principal balance is 78 percent of the home’s original value?

Can I offer seller financing on my home if it's on FHA loan?

Is there a way to use private money or a bridge loan to allow him to buy the house and refinance after his retirement when his finances have settled?

My cold caller identified this lead and I wanted to see if I could come up with a creative finance solution in addition to an all cash offer in order to give the seller options.Location: Fresno, CABuilt 20104bd, 2 bth, 1600 sqftARV= $415kTheir current asking price for an all cash offer= $390k Their mortgage balance ~120k, interest rate is 4.51%Roof is original (14 yo), HVAC is new (replaced last year), no other updates or major repairs that he's stating.Situation:The husband states his family of 7 has outgrown their current home.

Looking for people to provide their 2 cents on the finances.

IMO, minus the sowing classes, teaching personal finance and cooking should be required at every high school, and on the top of lists for parents to pass on to their kids.