All Forum Posts by: Ham Merritt

@Prem Schoff It depends what state as well as the loan type. You can purchase without your spouse all day long through a conventional loan. Any government loan, it depends on whether or not the property is located in a community property state or not. There are very few community property states remaining, Wisconsin being one of them. However, if you avoid government loans-FHA, VA, USDA- Then you have nothing to worry about.

@Zach Bartelt @Shawn Ackerman is pretty much right on. Keep in mind that it's an investment duplex purchase. The fact that it's an investment purchase adds a layer of risk. The fact that it is a duplex adds another layer of risk. 5% is probably pretty decent for that purchase. Are you under contract? Costs should be about $1500 Lender Costs + Appraisal + Title Fees + Recording Fees = About $2,700. 

@Scott Schultz I would love to connect a discuss non-QM. I have access to exactly what your looking for and can help. I will PM you.

@Amy Marie BP is a good resource for expanding your network. Best of luck to you.

@George Hoover I recently obtained my license to lend in Ohio. Looking to connect with realtors and investors that might be looking for a conventional lender with access to investor friendly financing products and options. Mostly non-QM type products. I would love to connect and fill you in on more.

@Jonathan Ly let me know if I can connect you with a real estate agent here locally that might be able to help you.

@Andrew Carpenter Your approach is good however, you will run into some walls given the information you outlined above if you are not connected to the right lender. I will send you a PM with regard to connecting over the phone. 

@Amit Friedlander I sent you a PM with a few ares I thought might work well for this strategy.

@Ernie V. I would love to help you with this. Give me a call or shoot me an email and we can set up a time to chat over the phone or in person. I will PM you my information.

Thanks!

Ham

@Daniel Lipinski I grew up in Toledo. Great place to be. Let me know if I can help at all as I do carry a license in OH.