RhondaBurgess.com - Page 2 of 70 - Moving To Nashville Guide

Should I sell my car to get out of debt? To buy a house?

I’ve been asked this question quite often lately – Should I sell my car to get out of debt? Or should I sell my car to buy a house?

Used cars are selling for a premium price right now so you may be able to get out of the car and maybe even make some money if you have enough equity already in the car. But on the same tip, if you will need to buy another less expensive replacement vehicle, you will have to pay this same premium when you buy another car.

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How to buy a house with a USDA loan – USDA rural development loans explained. https://youtu.be/lNN1ET3aRNQ

USDA Loan Zero Down – 100% Financing Misconceptions about USDA loans. https://youtu.be/m6Dc-8_JWMo

The Definitive Guide to Buying Land and Building a House – https://youtu.be/HM8ZXgGmbV8

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How to buy a house self employed without tax returns – Use your bank statements. https://youtu.be/xXU-_yOPkgw

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Videos

What kind of house can I buy with a USDA loan?

What kind of house can I buy with USDA? In this video I go over the types of houses that you can and cannot buy with a USDA mortgage loan.

The most important thing is that the house is located in a designated rural housing area. Here’s the link to check by address on the USDA site:
https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp

On this site you enter the address of the property you are considering to see if it is eligible. Once you have checked the eligibility, then you should contact a lender who does USDA rural housing loans in that state.