Updated over 3 years ago on .
Fun with Acronyms - See if you understand
If you understand this, you are no longer a newbie. lol.
I'm a dispo W/S. Can I use a HML to acquire a SFH I found on this FSO site at 100% LTV with an ARV of $400K which is based on a CMA I had done? The MAO is $250K. Alternatively, might be able to get a VTB. The CAP rate would be 5.5% and the COC return is 21% and an IRR of 35%. It's an REO deal.