Are you simply looking for data points?

This is consistant with Fannie Mae, Freddie Mac, VA, FHA, USDA and any insured lender for a portfolio loan.One guy uses a credit as a seller concession which works for FHA and his angle of business, but it can and does cause lending problems in other types of financing as seller concessions may simply be deducted from the sale price to arrive at the LTV.

Now I'm worried since I probably won't use this HELOC that it will lower my FICO simply having open credit show up in the revolving category.

Unfortunately, this is simply part of the business.While these incidents are maddening, this nonsense happens all the time.

the owner just had a stroke and has other properities. this one is the only fixer-upper, he basically just wants out. i,m taking an equity loan on my house for $40000 for down payment, closing, and a small credit line(about $12000). my main concern is the labor charges of contractors in my area. the on-hand cash would enable me to get local handymen and cheap laborers to cut into alot of the cost of teardown and disposial. also a friend workes for a local home builder and is willing to do alot of the drywall work and floors on the side.

You guys might call my thoughts "herd mentality"---I simply call it "following the money" and I have a hard time grasping how that could foil anyone's profit plans.

When people call me to offer their houses, I simply ask what they want for it.

It can even be used to show listings if that is your goal simply by using a few plugins.

Because that seems to be the most flexible option for me where the LLC can be operating in whatever capacity it does and my IRA simply makes a portion of the profits.Obviously I'm looking for the most flexible option here, which is the whole reason to go to an SDIRA for me.

How many people are in that chain determines what cut you'll get buthow much can that be?