I know that he is right as she is probably baiting us to make a mistake but why she is dragging out the eviction when she isn't living there is just beyond comprehension to me.She's now compiled an eviction on her record, her boyfriends and her 18 year old son....seems counter productive given that we offered a workout several times in a way that wouldn't leave an eviction on their record.Rick

You can lock those in with a variety of owner occupant loan products (FHA, VA, USDA, etc) and reap the cash flow for years to come.Central Arkansas (like many mid west or southeast metro areas) has many neighborhoods that have a very high rental to price ratio.

Most of our flips have been fairly extensive and we pride ourselves on putting out a very nice product, we average around $25k to $30k per rehab.

There is a Fannie Mae Product call Homestyle.  

Think self employed productive individual that is responsible and has cashflow but is not what the banks call a qualified borrower.  

I have been considering an IRRRL on my primary residence to drop the rate on my VA Jumbo loan, but received a flyer in the mail today advertising 100% LTV cash out (appraisal and income verification required) with the same rate I have seen on the IRRRL product.

Hence this post.I could use some advice on where to find good data on the present market conditions, particularly recent sale information on single family homes in my area with a description of the product. 

Looking at the Fannie Mae website, I found the following requirements:Cash-out refinance transactions must meet the following requirements: The transaction must be used to pay off existing mortgages by obtaining a new first mortgage secured by the same property or be a new mortgage on a property that does not have a mortgage lien against it.Properties listed for sale in the six months preceding the disbursement date of the new mortgage loan are limited to 70% LTV, CLTV, and HCLTV ratios (or less if mandated by the specific product, occupancy, or property type – for example, 65% for manufactured homes).Note: Properties that were listed for sale must have been taken off the market on or before the disbursement date of the new mortgage loan.The property must have been purchased (or acquired) by the borrower at least six months prior to the disbursement date of the new mortgage loan except for the following: There is no waiting period if the lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (divorce, separation, or dissolution of a domestic partnership).

Where Saved MoneyThe CabinetsWe used the base product line by Wolf called Wolf Classic.

The lower you rate the harder a rep has to work to find products to match your qualifications.