All Forum Posts by: Chi Ta
Chi Ta has started 2 posts and replied 3 times.
Post: 90% conventional loan for Investment Non O/O
- Posts 3
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Hey everyone,
I was wondering if there are lenders currently lending at 90% for non owner occupied? Looking for conventional rates, purchase price is 300-350k
Looking to purchase 10 properties immediately, at 90%
Post: How are people doing rehab right when they buy?
- Posts 3
- Votes 0
I mean it takes about 3 months here to get any permits, but I see people posting renovation right after they close. Are people just going without permits?
Post: How are people doing rehab right when they buy?
- Posts 3
- Votes 0
Sorry in advanced if I sound like I have no idea what I'm talking about, it's because I have no idea when it comes to rehabs.
I just bought 2 investment properties in orange county california. Both SFR. My architect is telling me it's going to take at least 3 months to get construction documents approved before I can start any work.
How is it I see flippers buy a house and start work the very next day all the time? Are they just not pulling permits and doing all the work unpermitted?