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Updated almost 2 years ago,

User Stats

24
Posts
5
Votes
Michael Weir
  • Flipper
  • Reno, NV
5
Votes |
24
Posts

Non-Warrantable Condos in Florida

Michael Weir
  • Flipper
  • Reno, NV
Posted

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.

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