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31 July 2019 | 5 replies
Some sellers will offer 0% interest rates, while others will offer rates that are similar to more traditional lenders.
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23 August 2019 | 1 reply
@Kirk FrickeyHey Kirk,Vinyl flooring is the hot seller in today’s market for a variety of reasons, the Main being the flexibility of design allowing you to have modern looking flooring for a fraction of the cost of traditional materials, the second being ease of installation - particularly with click lock mechanisms.
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30 July 2019 | 3 replies
You want to reach out to traditional lender for a pre approval as without it you're not a good bet for the agent.
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30 July 2019 | 2 replies
Is there such a thing or would it be better to learn the traditional ropes at the beginning and focus on such a client as I progress?
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30 July 2019 | 5 replies
Hopefully the seller realizes this and has an open mind about non-traditional financing.
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30 July 2019 | 5 replies
If that's the case, then he might believe there is a high probability that you will be scared away from the property by a certain type of issue (and rightly so), even though he or she is unwilling to communicate those explicitly in the listing.Bottom line - I think you follow up regularly and try to get a good idea for why the seller is averse to you using traditional or FHA financing - perhaps with a starting guess that there are some skeletons that are likely to be uncovered in inspection and due diligence.I'd strongly suggest that you do not turn to another source of financing to close the deal on this first purchase.
29 July 2019 | 3 replies
I used traditional mortgage lending.
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29 July 2019 | 0 replies
We’ll do the traditional FHA so we get in with a low amount down and then live there for the required year and then buy and move into our next Duplex.My wife and parents will be the ones on the mortgage for this first property as I just started a new position this week.
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29 July 2019 | 2 replies
You will have to most likely go to a non-traditional lender (think credit unions, local banks or even some hard money lenders provide long term financing).
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31 July 2019 | 5 replies
@Joe Lambert,Is your buyer seeking traditional financing to purchase the property?