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Updated almost 10 years ago on . Most recent reply

buying a Home Path home for a rental with as little as 10% down
I was listening to a podcast at the gym the other day and one of the guest speaker was buying Home Path homes for rental purposes with 10% down and I have never heard of this.
I contacted Home Path and mentioned what I had heard, and also that on their home page under Investor Financing they state ( For investors who have more than 4 existing financed properties and wish to purchase a Home Path property, financing flexibilities to allow a lower down payments and higher LTV ratio than typically permitted for such borrowers may be available. they say to contact your lender. I asked for a list of lenders that do this but they could not help.
Does anyone know of lenders that do this?
Thanks John R. Farrell