I meet with two Attorney's paid them their expensive fee and they told me different answers
and investor told me that lease to own was better.
my CPA told me to consult my attorney??
The scenario is this I have One of my best employees that needs a house he has cash to put down but not credit and criminal record too, I want to help him get the property he wants what will be the best way
i don't want to use my credit and i don't want this property to hold me back from buying more properties so I was thinking get a DSCR loan and just charge him 2 or 3% more interest of what the bank will charge any advise?
It sounds like you are working on a seller finance deal. Look at your state laws. I believe you would be in a better position via lease to own rather than wrapping your DSCR loan. Again, look at your state laws.