28 December 2022 | 15 replies
Some banks have referral programs.
12 December 2022 | 2 replies
Not only are there crime related issues in some areas, there are also areas subject to flood inundation and the high cost to insure a property through the National Flood Insurance Program.
6 December 2022 | 2 replies
Hi @Rahul MunotMy first thought here is there are much more attractive financing options for owner occupied investment properties versus unoccupied and from what I am hearing we may be losing some of these government sponsored owner occupied programs fairly soon.
5 December 2022 | 3 replies
On the listing, it said the property's projected 5 Yr IRR of 20.2% IRR before Value Add Program.
20 December 2022 | 13 replies
Garrett,If you do not own a primary home you can always take advantage of a DPA - Down Payment Assistance program offering Down payment and closing costs.If you do own a primary home I would suggest taking out some cash through a refinance or HELOC for the down payment for an investment or Second Home.
3 December 2022 | 6 replies
@Amy Summer If you go the Fannie Mae homestyle or the FHA 203k program on a purchase make sure to build in more time for the closing in the purchase contract.
6 December 2022 | 12 replies
If it is a Condotel, they are NOT eligible for conventional financing (which means Fannie/Freddie do NOT allow) and most non-conventional programs do not allow for condotel's either.
4 December 2022 | 2 replies
Or there are bank statement programs with ONLY ONE bank account for the past 23 months again you need reserves.There are three remaining wholesale shops.
2 December 2022 | 26 replies
Oh, see if your area has a program called EDEN, we use them as well.
21 December 2022 | 9 replies
Pretty much always around 8-12%.There are always a few outliers, but most lenders have restricted the guidelines or ceased doing certain programs all together.Cheers!