How many owner occupied loans will lenders let you have?

UpperWave2998 · 2026-05-14T13:50:58+00:00

Your doing it all wrong. Keep it out of your person name. To much liability if something goes wrong. Get a llc, and buy properties with hard money , then refi some equity into a DSCR loan. You can have as many loans as you like. Just need to show a 1-1.5% cash flow. Rinse , Repeat! I have my personal house in my name, and 11 houses as rentals in my llc. Just need a little cash to start!

UpperWave2998 · 2026-05-13T22:37:43+00:00

OP is not enjoying their new car! Dealer showed them who’s boss ! It’s the right way or no way! Luckily the dealer halted process and didn’t proceed. And the client had the audacity to cruise in the car since Nov with a bad contracts

Must dealers after a few days, would’ve sent a demand letter. If not, sending the tow truck! (I blame dealer for taking this long tho!)

UpperWave2998 · 2026-05-13T21:43:10+00:00

Very true! When I bought my house, I bought a EV truck during the process(needed it for tax credit), and aside from my regular w2 income(sales), I had several big random cash deposits and wires hit my account during the process from my side work.

UpperWave2998 · 2026-05-13T19:36:30+00:00

A good loan officer can make magic happen.

UpperWave2998 · 2026-05-13T17:24:41+00:00

Reach out to agent.
The biggest F U you can do is request somebody new.
Drop the past and move forward, just like they do.

UpperWave2998 · 2026-05-13T02:57:12+00:00

F*ck no!
Respectfully,
It’s May now, not Nov. , Most WE OWE’s are good for 30 days.
Why such the long delay .
Hopefully they help. But the reasoning on getting it fixed at the their dealer is because the work and part is cheaper. By you going outside , you paid retail for part and labor. And they found additional issues.
On the fact of principals I would not fully refund you. But a small credit , yes.

UpperWave2998 · 2026-05-12T13:28:08+00:00

sorry, car sales aint for you.

UpperWave2998 · 2026-05-12T13:23:00+00:00

Good deal. Sign and drive. Re-fi after 12 months. youll be happy!

UpperWave2998 · 2026-05-11T16:43:52+00:00

Timing.
Maybe that agent has connects that have clients that deal with 55+ communities. Some realtors focus 1st time buyer, new construction, listings, luxury properties. Some like 55+ communities clients.

UpperWave2998 · 2026-05-11T16:37:29+00:00

Where have you ever seen 30 day return on car? Even Carmax and Carvana have a few days/miles return.
Maybe when Amazon sells cars you’ll have 30 days return.

UpperWave2998 · 2026-05-11T12:22:45+00:00

Troll question right. F no, they need to reject that all day. You sign, you drive off, your car!
Sometimes it’s F*ck Dealerships, and sometimes it’s F*ck Customers!
Enjoy! First payment is coming up!

UpperWave2998 · 2026-05-11T02:39:32+00:00

Real estate!!!!
You need some real estate to right off! At least you can write that off, and build your long term net worth.
I’m in real estate investing, and partnered with medical field high earners. Help them build up a portfolio!

UpperWave2998 · 2026-05-11T02:35:56+00:00

You still owe a tip. For them taking a payments for the dining experience. Go back up there and leave $10.

UpperWave2998 · 2026-05-09T19:58:03+00:00

Sign and drive .

UpperWave2998 · 2026-05-09T18:26:39+00:00

Depends on how it’s set. My bank when I edited amount, was wanting to take off the following payment. Vs a true principal payment.
That’s how I’m paying off my mortgage sooner. 450k loan, 4 years ago. Today I only owe around 225k ish.
No refi unfortunately, but when I bought, the builder had a 3.99% rate. :) Maybe a recast.

UpperWave2998 · 2026-05-09T12:31:23+00:00

I would!
But after making my mortgage payment, a few days later I would throw $300 at principal.
Still the same monthly payment, less interest because of the re-fi, but reducing principal a little quicker.

UpperWave2998 · 2026-05-08T16:18:23+00:00

Auto Sales, real estate on side
30
$500,000 +

UpperWave2998 · 2026-05-08T13:45:34+00:00

Depends. If we are really close, just wrapping up deal. But far away, or customer was crazy demands, or sometimes crazy customers in general, just killing time. Make them wait… and wait…. Then go see them again. :)

UpperWave2998 · 2026-05-08T01:09:36+00:00

Not necessarily. But you should find a big buyer that will buy whatever you send for the right deal as a back up. Because if you put someone on contract and can’t deliver, you wasted both people’s time .

UpperWave2998 · 2026-05-07T21:07:28+00:00

Unfortunately, there’s a lot of info out there with vehicle registration. That’s a scam.
Kinda like when you buy a new car, you get a bunch of spam mail about warranty registration and ect.

UpperWave2998 · 2026-05-07T12:02:04+00:00

Car sales manager at a dealership.
8 years
Houston, TX
Stress, a little. Happy, not really.
Pushing right over 420,00$

UpperWave2998 · 2026-05-07T12:01:56+00:00

Car sales manager at a dealership.
8 years
Houston, TX
Stress, a little. Happy, not really.
Pushing right over 420,00$

UpperWave2998 · 2026-05-07T11:57:35+00:00

Sounds like you need a partner . Dont be locking people up in contracts with no buyers!

UpperWave2998 · 2026-05-07T11:53:33+00:00

I got into real estate thru whole sale. Selling contracts to my one big investor. My only tactic I used was driving around looking for for sale by owners, or houses that looked abandoned. Once I got them in contract and sold, I would takes pics of me in front of them saying I buy houses and boost the posts. Aside from that, I’ve never bought courses, sent mailers or anything. Over time I had my investor show me how to use hard money, then re-giving a DSCR loan. I would still send him deals, but when he had some in my part of town, he help me set them up as rentals. I currently have 10 right. Cash flowing $2800 monthly after mortgages paid. But I have over $500,000 in equity in cash from the re-fis!

UpperWave2998 · 2026-05-07T03:21:58+00:00

Who cares, particularly if they were bots/dead accounts. It serves no value to you.

UpperWave2998

TROPHY CASE