Here is what you can do a No Debt Ratio DSCR at 80% of purchase price.

My asset class is very different since it is a debt fund.

However if the sale has happened and you say there are NO redemption rights then sounds like who ever bid at the sale is the owner / or it reverted to the lender or who ever owns the debt that was foreclosed.

I am not going to talk to you into debt.

It won’t affect your debt-to-income ratio and won’t affect credit score/history.

@Alex ClarkCheck out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/My manger owns rentals in the Detroit suburbs and the City of Detroit, including some Section 8.

That include dog bite as well.Do I ask her to get a separate pet liability insurance or current renter insurance with 300k liability coverage mentioned above would suffice?

After doing some research on the ‘director,’ Kory, he’s actually just a freelance/self-employed salesman based in Utah… I should have sniffed it out earlier in the process than I did because even in the 1stinterview, some of the early questions from the screener included how much money I make, how much I have in my bank accounts, my credit score, how much credit card debt I have, and what my credit card limits are…I was then asked if I was willing to ‘leverage my credit’ aka max out my credit cards to be successful.

This law prohibits an institution from disclosing a consumer’s nonpublic personal information like Social Security numbers, income, and outstanding debt, to companies that are not legally related to the institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties, which an owner would be.

We are considering buying a mobile home park with short term private money.  But I am not sure if banks are willing to lend to me on this type of asset.  Do you guys typically structure your deals with seller financin...