If you are self-employed or have bad credit, buying a home with traditional mortgage financing is difficult. Nonetheless, there are ways to buy a new home with extenuating circumstances. One such method involves seller financing. Although seller financing is becoming extinct is some areas across the nation, this is still a favorite approach among real ...
If you and one or more other co-owners want to jointly purchase real estate to be used as rental property, you could set up a limited liability company (LLC). This may protect your personal assets from obligations that arise from the rental property activity, but you could encounter some difficulties in obtaining mortgage financing as ...
In order to obtain a conventional home mortgage loan today, borrowers must possess a high FICO score and the financial ability to provide a large down payment. Additionally, borrowers need to show a strong history of paying debts on time, along with a solid employment history. Fortunately, home mortgage loan alternatives exist for borrowers with ...
Getting a standard mortgage can prove to be complicated enough for the average homebuyer. Knowing how to finance the purchase of a foreclosed home can be even more tricky. However, with just a little information, even the least-experienced of real estate purchasers and investors can find adequate funds to finance virtually any foreclosed home. The ...