23 April 2020 | 1 reply
The proposed division would have to conform to local zoning ordinances, such as a minimum lot size, minimum front foot, etc and the division would have to be approved by local gov.
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24 April 2020 | 9 replies
Max conforming LTV on an SFR investment property is usually 85% (This is the Freddie Mac max). 75%-80% is more common.
28 April 2020 | 7 replies
Just so you have more conformation it's not the amount of investors it's the structure of the deal and investment.
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3 May 2020 | 4 replies
Maybe you need to look into a lender for a non conforming l loan if the deals are worthwhile.
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13 June 2020 | 8 replies
If you are looking for something to fix up, the property may not be in a condition to even obtain a conforming loan.
18 June 2020 | 5 replies
And you would not be able to subdivide because the driveway/garage would be non conforming because it lacks the required frontage and square footage.
17 June 2020 | 16 replies
Since they are holding their loans they are probably not conforming and then you have a chance to find one that doesn't have that seasoning period.
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17 June 2020 | 3 replies
That only eliminates conforming mortgages from the equation.
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23 June 2020 | 6 replies
Non-conforming cashout max LTV is 70 and more typically around 55-60.
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29 June 2020 | 3 replies
When you mention "upgrade the unpermitted property", do those upgrades entail getting bringing everything to legal, conforming?