Sims don't have mortgages in TS3. If not the active household, then they only have property taxes by way of an option in SP Money. They can also carry debt to the bank from loans by way of the mod, but those are not directly tied to their residential lot ownership in the sense that a mortgage would be.

I suppose some of us might use our imaginations to say that a household that took out a §150k loan to obtain a §100k lot that they could otherwise not afford to pay cash for has a mortgage, but that's something a player would have to arrange manually by way of MC.

I think what you are really suggesting is that you wish to steal the property that these sims own 100% outright without compensating (paying) them the resale value for their real property loss. Or is there some other structure you have in play that I am missing here? The usual method to become a landlord is to buy up the residential lots, not kick out the legitimate resident owners.

ritaxis post_id=91792 time=1668117150 user_id=13710 wrote: Anyway, back to the original question: wasn't there some way to set inactives as having debts? And some mod somewhere to allow a sim to borrow from another sim?

Yes, but sims not actively controlled won't go into debt on their own in order to purchase property. They will go into debt if they cannot pay their weekly bills or meet other financial obligations along the way and then make as frequent payments as they can throughout each cycle of the SP Money manager until their debt is down to 0 again.

But again, if the player arranges this all for them with or without an interesting backstory behind it, then that's a bit of a different matter. I've done that, for specific households here and there where it seemed like they would want to borrow in order to upsize their real property way beyond what they have in cash and it seemed reasonable given their income and career advancement plans that they would be able to pay it all off well before retirement.

Let me put it this way, though. If someone IRL who looked like the avatar of the OP on this thread showed up at your 100% paid off home and said, "Haha, I own this property now so pay me rent or get out!" what exactly would your response be?

nikkeisimmer post_id=91811 time=1668199470 user_id=17001 wrote: The other question is, is there no way for an active family to become a landlord and get income from their real estate holdings?

Yes sorry, I didn't mean to imply that this can't be done. It just doen't necessarily involve flinging random inactives out of their properly owned homes. With SP Money, purchase a residential lot and one way or another, using MC > Add Sim if necessary, get another household to move into it as tenants. The FAQ for this is here.