Please Help! Questions On Financing And Holding
There is a local guy who buys homes, really nice homes, and offers them for no down payment, no closing costs, deed is put in the buyers name, etc.
My question is, what kind of financing allows you to be able to do this over and over again without actually selling the home for cash? And is this profitable enough over and above what is owed on the property, taxes, ins, etc.
I am self employed, great credit score, but not alot of income shown to support the purchase without considering the income the property will bring.
any help/suggestions appreciated
I am also looking for a lender that will allow me to purchase manufactured homes on land and resale or hold and lease out and continually purchase.
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