Question, has anybody used Park place Finance?

You have to own the land, along with having plans and permits in place to get any financing.

@Neha MulkarTwo basic Options:1) Conventional Financing: FNMA, FHLMC, FHA, VA, uses your credit score, income & debts to qualify.2) DSCR Financing: uses your credit score, property income to qualify.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location/neighborhoods to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

The investors then finance the max LTV with the DSCR lender to get their investment dollars back. 

I went back to them for a third property, thinking they would finance me, and they said my DTI was too high.

That distinction can open the door to more traditional financing options, but it’s definitely an uphill battle educating lenders and partners about the process.

I am considering this as a buy and hold for long term and over the seller financing term, doing some basic renovation to 2 BD to get around $90000 in annual rent and forcing the appreciation.

I would like to request seller financing/deferred payment for the land which has been vacant and on the market for over a year.

I'm open to hearing about portfolio loans, DSCR loans, selling financing or anything that might be worth looking into for an additional rental.

I would like to request seller financing/deferred payment for the land which has been vacant and on the market for over a year.