450k primary residence home in TN, seeking lender who would do 20-30yr fixed or balloon, non FNMA only due to the client having large cash holdings but no income in 2016 / 2017 due to their large section 179 tax depreciations those yrs Thank YouJames

450k primary residence home in TN, seeking lender who would do 20-30yr fixed or balloon, non FNMA only due to the client having large cash holdings but no income in 2016 / 2017 due to their large section 179 tax depreciations those yrs Thank YouJames

Is the property reported as her primary on her tax return?

I am selling 2 rental units to purchase unimproved land to be used as my future primary residence.

Live in it long enough to qualify as a primary residence  then sell without having to pay capitol gains.

I converted my primary home into a rental property.

I'm certain that the reputation I developed by honest dealings and timely payments with the bank(my primary lender) led to the consummation of that 10 unit deal(which I subsequently refinanced with the same bank about 2 years ago.)Good luck!

My primary goal is to become financially free at 37, and I know I can do this through investing and discipline!

Lastly, the requirements and ease of getting more-or-less conventionalfinancing also will be determined by your intended use of the property.If you are buying it as your primary residence and will be living in it, then getting financing will be a lot easier than if you were buying it as an investment property to be rented out.

I purchase a short sale home as my primary residence for 189k just over 4 months ago.