Finance Hard money loan Mortgages Seller concession 
Realty Biz
SEPTEMBER 4, 2023
You rent out the other units to your neighbors, and they cover your mortgage. Note that you can use the rental income from the other units to help your income qualify for the loan. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%. To cover closing costs, negotiate a seller concession.
Realty Biz
MAY 24, 2021
You rent out the other units to your neighbors, and they cover your mortgage. Note that you can use the rental income from the other units to help your income qualify for the loan. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%. To cover closing costs, negotiate a seller concession.
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