It will get you a house and save their credit and keep the bank happy.

I own a lot of properties in locations that have been prime for rehabilitation and I'm looking to discuss real estate tax credits for the repairs, purchase, investment that I have made for rebuilding/repairing/purchasing those properties for low income tenants.Thanks

There are plenty of loan products for owner occupants out there, even for properties that require rehab, that a credit worthy borrower shouldn’t have to use HM to finance their personal residence.

I do not own the property, i am a newbie investor trying to understand what is needed to basically get a house under a lease with option to purchase contract and assign my position to someone who cant qualify for a loan due to there current position but but are willing to pay a little extra on this lease agreement because they are serious about picking up there credit score and at the end, actually closing on the house.

Personal Liability: For claims due to Bodily Injury or Property Damage that you becomeLiable for and which is covered under the policy.

Ideally I would like to take out a $45,000 line of credit against my current town house for renovation costs on the current property and down payment on the new property.

My tenants are interested in buying their rental from me but need time to improve/establish their credit as well as save up a down payment.

Credit, experience and liquidity are the determining factors to be approved.

HML pulled our credit and we also submitted proof funds and w2.

We were thinking about fixing our bad credit 1st then once we are at a respectable credit range we wanted to see what we can qualify for?