The issue that they run into is twofold: 1) The amount that the LO (loan officer) makes on low loan amounts isn't great, so there's no incentive for them to do these, especially with how busy things are right now. 2) The fees to the borrower are quite high as a percentage to the loan amount, so it typically makes more sense to get private financing for lower loan amounts. 

Let's suppose a $400k home.The PMI with 5% down and a 720 FICO would be, very conservatively, 0.6% (that's actually higher than what I'm showing, but lets assume your local LO isn't me, since I'm not licensed in Florida). 0.6% * $380k / 12 = $190 per month. $2280 / yr. 

We need to be in lock step with next steps and expectations of one another.That's how a LO gets on my list of lenders.

https://www.bizjournals.com/lo...

@Brandon McNultyHi Brandon I am an Investor as well as an LO.

By contrast a LO who doesn't know rental property stuff, well they might do reverse mortgages instead, something that I don't know a damned thing about.I know a lot of loan originators wind up reading my posts.

Also, if it can be documented, that the Tenant Buyer is under a contract with the LO Company doing Credit Repair, then this is actually a plus since the investor is used to their Tenant/buyers having credit issues.Now, comes the most important part, how is the LO Company controlling the property to begin with? 

As for a lender, my most recent purchase (just last month) was financed through Busey Bank and the LO is Casey Wilson.

I think it could be a great strategy in my market to get better cash flow from SFH's while giving you the ability to, theoretically, churn a house in a couple of years and take the profits to duplicate efforts and buy 2 more houses to do LO. 

Click on the magnifying glass at the upper right and type in umbrella policy you;\’lo have 100’s if not 1000’s of posts.