So, we allow 45%, even 50%, higher if compensating factors.

I am bullish on the FHA 203k and home-style renovation loans that allow you to leverage the cost of your renovation as part of your mortgage, which is just an insane deal, in my opinion.Do you have a specific area where you want to purchase?

The balance on my bridge loan is $120,000.

Also, some helocs will offer Interest Only payments, some that go above 90% LTV may ask for 1% of the outstanding balance or 1.5% of the outstanding balance.

In addition to the interest of the loan, you'd also be paying this as well. 

Works just as well for a two family worth $1.2.

Hey BiggerPockets Fam!My name's Cody, I have been listening to the podcast for years, and I've read all the books. I'm a single father, been raising my two daughters since they were born, and am ready to start buildin...

These experiences shape my growth-mindset and value-first orientation, ensuring I bring a unique perspective to every deal.Personal Insight:As a father of six, I understands the importance of balancing family values with sound investment strategies.

In today’s market most homes will be worth more than their outstanding loan balance unless they are VERY recent purchases with little to no money down.

If you can get your Vantage Score up 50 points, you will see positive results on the mortgage scores as well, it just may be 30 or 40 points or could be 60 to 80 point increase vs Vantage increase of 50 points.