You can get a fix and flip loan for an investment property with up to 90% of the purchase price and 100% of the rehab budget with up to 75% of the ARV.

Hi there, My husband and I both purchased properties in 2019 before meeting each other.

I have done some research on purchasing property in Germany, and it seems like a completely different process. 

Nice, thanks for thatDo you mind me asking what the purchase price of the property was?

We currently live in our primary residence and have the intent of moving out in 1.5 years and make it a short term rental once we move out.

They were told that since they will be purchasing a fifth property with a Jumbo loan (with total value of loans in excess of $4 million) they would need 120 months of reserves for all of the loans put together (about $1 million in reserves). 

It's a fixer upper but not too much room for big repair dollars given comps so would want to get some concession on purchase price if possible.Thanks!

Here are the numbers…Purchase $375,000.00Cleanout $25,000.00Rehab $375,000.00 (I estimated a little under 275, 100k lesson) All in right at $775,000.00With current rents the NOI is 108,000 annual.

I would love to purchase both.

For conventional loan amounts on primary purchases with 5-10% down and even FHA eligibility, but I'd imagine the properties that qualify are more specific?