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Updated over 5 years ago on . Most recent reply
Will lender provide financing on a house w/o inspecting interior?
Hypothetical question - I own a house free and clear and would like to take out a home equity or mortgage to fund an investment property purchase . However, due to an ongoing tenancy issue an interior inspection for the appraiser would not be permitted . Will any lenders lend without seeing the inside of a house ? If so , what's the typical max LTV on something like this ?
Most Popular Reply
Originally posted by @Frank S.:
Hypothetical question - I own a house free and clear and would like to take out a home equity or mortgage to fund an investment property purchase . However, due to an ongoing tenancy issue an interior inspection for the appraiser would not be permitted . Will any lenders lend without seeing the inside of a house ? If so , what's the typical max LTV on something like this ?
An investment property cash out refinance has about a 0.001% chance of getting a Fannie or Freddie appraisal waiver, sorry.
Hard money Joe charging 14% and 5 points might go for it....