Your credit is great and your income is fine but due to the smaller loan amount the state won't let me approve it based on its current guidelines (not a Quicken rule).This is disappointing.

Your credit is great and your income is fine but due to the smaller loan amount the state won't let me approve it based on its current guidelines (not a Quicken rule).This is disappointing.

Your credit is great and your income is fine but due to the smaller loan amount the state won't let me approve it based on its current guidelines (not a Quicken rule).This is disappointing.

Do not rely on it for legal advice.

You have terms in the lease that are legally required to be followed by ALL parties and if you do not shift to a business owner mindset from your current "past home" you will not manage your business in a professional manner.  

Definitely get pre approved before you start looking to buy as you will know what your limitations are, and definitely make a budget based on all your income and expenses now and what they would look like with a mortgage, water bill, utilities to see what works best for you. 

The good thing about Owner Financing is much more negotiable than a conventional loan and is typically approved by the project and not your personal credit. 

Any property that is in a chapt 7, chapt 13, or chapt 11 is part of the bankruptcy estate and requires court approval with a signed order to sell.

I recently wrote an article on that subject you might find helpful: https://www.biggerpockets.com/renewsblog/5-ways-to-get-your-refinances-approved/

If you want an FHA or conventional owner-occupier loan, you'll need more than $10k to cover the minimal 3.5-5% deposit for your next $350k primary.While in theory, 2x Equity Lines Of Credit could be approved, remember that Lenders only give out a percentage of the homes' values, so, you may not have $74k of borrowable equity!