Solidly, nothing went below 80% I can tell you now, the tide is changing...in a big way.

These companies will compile lists to include any filters that you need; Mortgage lates, Ficos, Name, Address, Phone numbers, etc.

I proposed this to the tenant and he was quite pleased (even at a 15 year amortization, his PITI would still be lower than the 850 rent).

So you need to sell the property to another investor preferably @ 70% or below ARV (After Repair Value). 8.

Keep your balance under 50% of the limit at all times, below 35% is even better.

As long as I have a guarantee that I would be able to get the funding, I will make the offer, and get the below market house under a contract.

We purchase our properties below CURRENT(not two years ago) market value and pass the saving on to you.

****Several factors that need to be additionally clarified and I will be checking on....Fannie distinguishes a difference between LLCs and corporations below in the seasoning comments; however here they do not say if corporations include LLCs.

While I often disagree with MikeOh, his advice/analysis on this deal is close.When it comes to commercial multi-family units, it is very difficult to operate below the 50% OE.One thing that jumps out at me aside from the obvious "proforma" gross rents is the very low insurance rate.

I have conducted 17 deals since august of 07. 12 of which have been wholesales, 2 subject too's, and 3 short sales.I'm currently working on 2 short sales, 1 subject too, 2 loan modification and filtering about 60 leads.