LOL I'm sorry I just assumed that ACRIS was the same thing nation wide.

Are you looking locally or nationwide?

Admittedly, if a nationwide recession hit, and property values and/or rent dipped 15 or 20%, this person is subject to loosing 15-20% of $900k in properties, rather than the widow's 20% of $225k.Then, if you use the BRRRRR method, the cash-out refinancing, once you have enough equity (usually through remodeling the property, but sometimes through market appreciation) allows you to ideally grow a portfolio of rentals with 100% financing....and zero of your precious equity left in the property.....I know of a BRRRR investor that turned $80k cash into 30 rental properties worth about $8million ($5million in loans, $3million in his equity) in 5 years....granted, he bought at the bottom of the 2006-08 recession and benefited....but much of it was the buy at a discount and remodel profit.Then decide if the risk/reward is right for you.You can say "look what I did with low leverage" (slower)....or "look what I did with maximum leverage" (faster).

[Originally posted by Will]If you look closely at the numbers, less than 10% of all the defaults were investor loans and the balance 90%+ were owner occupants (Nationwide speaking, not Miami).I'm not sure on what data you base that statement.

I am in Georgia, and I don't know if they are nationwide or not.Thanks in advance!

Last night I was told that a nationwide builder just halted construction on close to 1000 houses.

Clear Title Amercia, I never used them, buy suposedly they can close nationwide.

I am also looking for a candidate to sell all of our properties that we have nationwide.

So the policy could say “Nationwide”, but if you peel back the onion, the risk probably resides at Lloyd’s.Therefore, you are really shopping agencies, not insurers; the actual paper is underwritten by these same syndicates.

We finance STR's nationwide, and many of our latest closings opt for full-term interest-only loans with a very short pre-pay penalty.