All Forum Posts by: Dennis Dahlberg

yes...there is...you need to step out side the "BANK WORLD" and look at non QM lenders....rates are higher, but you can get a loan....

sounds a little high...shop it around to more agents........

good ideal...would have never thought of doing this...

Most people are making them 'vacation rentals'. I'm assuming that's what you call an AirbNb.   

I've done this is the past and rented seasonally.  Usually the seasonal rental income covers the cot of the home for the year.  

The problem is that the home has to look good.  Nice furniture and landscaping etc.  

We always looked for at 6 month committeemen... but if you want a weekly, renters...ouch....a lot of work.

Listed property in ARMLS and VRBO.com  seemed to work well..

I don't understand you question...

Check your state laws..maybe some regulators in FL...  

Lease to own usually carried a negative ...some owners were in it just for the down payment....got a bad reputation in the past...

I'm always tempted to ask for up front fees,,but as of now we don't.  

Our fixed costs for an application is around $45.. and we are willing to absorb this cost for an application.

I've heard horror stores about a lot of up front fees..and my recommendations is to never pay them.....Its a Red Flag..

why do you want a non-recourse loan?   

Started out by first getting my real estate license and learning the business.  

Get it under a purchase contract and sell it in escrow, assuming that is legal in Texas....

That is what wholesalers do....they lie to the seller and hope to sell it in escrow......if not ....oh well..to bad for the seller..