Do the transaction improperly and the borrower ends up in foreclosure, and files a complaint, and you're in big time hot water.

I would love to hear from anyone who has any knowledge about assisted living facilities, owning or running one of these properties.

My assistant just called me last night (she rarely calls me unless it's something important) she tells me that a lady said she wanted to give us a lot all we have to do is take over the back taxes which are $900.

If you purchase a 4-unit and reside in one of the units, you can qualify for super low FHA financing (3.25% for 30 yrs, with just 3.5% down payment), the other three tenants will probably enable you to live for free (in fact, some FHA lenders limit the max loan amount such that 75-90% of the rental income covers the property's PITI), and you will get some great experience.Since you're renting currently and are a good borrowing candidate, this is an ideal way to go.

Hello - I was looking through Craigslist and came across a Borrower who needed to borrow about 2/3rd the purchase price for a property, which is in Las Vegas, Nevada.

Camkos- I look forward to hearing more as I have just returned from USA where I went to assist expats buying in australia but ended up researching manhatten market for australian buyers

I can assist you with either a LOC or HML---feel free to contact me.Regards,Scott Miller

If you are expecting to borrower, fix and then repay the loan (by selling the rehab or by refinancing the rehab) then the balance on the debt will never be high for that long.

I need assistance on finding the right deal and taking action.

Hence borrowing money is a challenge when your credit file shows very little activity and a short history.