Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

It seems to be the norm in this field anymore.

If you are planning to stay in the Investing field, you need good real estate agents to help you in several ways.

Seems to me that if an investor considering syndicates who does not have experience or contact with syndicators would do well to join with a group of investors experienced in investing in syndications and pay the membership fee to “ride” the knowledge of experienced investors in this field.  

A nice potential boost for downtown Louisville. 

Recently after some medical issues(I’m all good now) I’ve exhausted all my reserve funds and have 50k in high interest debt.

When it happens to tourists in Mexico, the press is having a field that with it.

Work currently in the accounting field and I’m a licensed CPA in the state of Ohio and West Virginia. 

I’m excited to learn more and dive into this field.

I have a full time job in  a totally different field and I manage 2 properties.