All Forum Posts by: Kevin Parnella

Hi all,

Has anyone ever bid and acquired a property on Home Path? The 10% down is a very attractive offer along with no PMI. The bid price seems to be pretty attractive compared to the value giving what appears to be a reasonable discount. The one downside is that the DTI looks to be capped at around 36% which is lower than the 41% for conventional loans on loans with less than 80% LTV.

Anyways, just wanted to get some feedback from anybody that has made a purchase with this route.

Have a great day.

I work for Bank of America and the minimum down for investment properties is 25% for multi-unit.

Thanks guys. I look forward to hearing about your investment stories. Y'all have a great night.

Hi Robert

Thanks for the note. You sound like you are on the right path. Well done sir. I would ultimately like to get back to Louisiana one day so that's why I am looking for contacts down there.

I think the market in DFW is pretty solid. Values never deteriorated like in other parts of the country. I would look to invest here, but since I don't want to be here long-term, I wanted to eventually buy somewhere in either Baton Rouge or on the Northshore.

Have a great day sir.

Hi all,

Good afternoon. Former Louisiana boy presently living in DFW. I wanted to see if we have any investors on the Northshore or in Baton Rouge? I would love to network with you.

Have a blessed day.

Kevin