contract for deed

Do you need to buy a contract for deed very soon with your recent settlement?

Posted by on Aug 31, 2019 in contract for deed

Are you a motivated buyer, but can’t easily get a bank loan. There are many reasons why you can’t get a bank loan from

Low income

High debt-to-income ratio

Self-employed tax wrote-offs

Recent

Foreclosure

Bankruptcy

Short Sale

Loan Modification

I’ve seen agents and investors work with contract for deed buyers in the past that couldn’t easily get bank financing.

A main reason is they are a new self-employee person or any self-employed person who makes great money monthly, but writes …

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Have you been denied by banks for a self-employed Minnesota home loan because of your tax write-offs?

Posted by on Aug 26, 2019 in contract for deed

It’s a common problem I hear in Minnesota where a self-employed business owner has a hard time qualifying for a bank loan for a number of reasons.

Some of the most popular reasons are other than the down payment. For example a bad credit score would be one reason, it even a successful self-employed business owner with excellent credit that’s been self-employed for under 2 years will often have challenges getting financing for a bank loan.

One of the most …

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