Every bank at that time had way too many non-performing assets on its books.

You won't be able to use conventional financing and must use a non-recourse loan which typically require 40% down.

There are the obvious pros/cons of a duplex but then there are the non-obvious ones that come with being in Detroit.I actually have a fantastic article about this I can share but I'm unable to link to it in this post.

Annual fee $25.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.

Despite the program's claims of providing exceptional training and support, my experience with Kristin has been far from satisfactory.First and foremost, I find it necessary to address the issue of non-payment.

Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow. 

As it's been non performing.

Very few non-owner occupied property policies guarantee full replacement cost - they typically provide replacement cost up to the dwelling limit purchased. 

I know for myself and other investors they have had situations where someone in the building department says something verbally but then when you go to get the permits or approval things have changed.

Conventional loan, 20% down non-owner occupied.