Hello, Quick question for lenders out there - If a client has great credit, 20% down, but no income, can they use the rental income from one side of a duplex to purchase the property and live in the other side? Or wil...

Is alternative financing something I should be looking to make my first deal happen or be patient and wait until my file suits A/B lendes criteria? 

Becoming some type of equity partner may mean that you have to be a little bit more active then just lending the money.

Buying under your personal name for the first time gives you access to some low down-payment lending programs like FHA or Home Possible, assuming you're willing to owner-occupy.

I do not have anyone within my immediate circle that could lend me money for real estate and after joining a lot of groups on Facebook and looking around, it seems like most "private money lenders" on there are scams.

Hi @Aries Li, Conventional lenders do have non-QM products that lend out to companies as long as it meets their criteria.

Not sure what your cash flow ROI would be as I don’t know your lending rates/terms.

You might just have an inexperienced loan officer (I've run into many of them) or a lending firm who has tighter policies. 

Unlike traditional lending there are NO rules, regulations, laws, licenses or governing bodies to hold Private Money Lenders accountable to.

The problem I'm having is the lender I'm working with is unwilling to lend to an LLC that is owned by another LLC (i.e. a Wyoming holding company).