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Updated almost 2 years ago,
Non-Warrantable Condos in Florida
Hello, I'm looking Into expanding my STR portfolio with a condo down in Hollywood Florida, but just found out from my lender these are usually non-warrantable due to more investors owning them than owner occupancy. Although he does have programs for those, they are at 30% down... and as you can imagine the less out-of-pocket the better.
Does anyone know somone or know of any other solutions for non-warrantable properties will less out-of-pocket down payment?
Thank you for any direction around this.