Please keep in mind that I plan to rent to college students and the free unit is about 2,000 sqft:- I went to transfer utilities and the past owners have a balance.

.- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.

I believe there’s also room to rent it LT to grad/medical students.

any consumer debt, student loans?

If you are renting to college students, I would suggest having a parent sign as guarantor for payment and make sure you run their credit report as well.

On vacation homes you can get a loan for 10% down…

Sounds like you need a new loan officer if I am being completely honest. 

This will not be my primary address, so FHA loans are out of the question.

If a group of very wealthy businessmen pool together 250 million and start lending on unconventional loan products such as bridge loans and DSCR loans can they advertise as "Private Lender"? 

Hello everyone, My question is if you bought a duplex with 3.5% down using an FHA loan and you can't find a tenant to live in the other room and at the same time you don't want to be paying the full mortgage, what do you do?