Will lenders lend to first time buyers with limited credit history to finance a multi-family investment property?

We spend more money on maintenance and upkeep to our buildings but it pays back dividends with limited turnover.

You believe in the project & your gen. contractor, but wan't to limit risk from a housing downturn at some point.

Is there a limit how much you can charge in points or total closing cost?

This is not legal advice, but one alternative is that the loan documents simply give him a limited power of attorney to sign the deed in lieu on your behalf if you default (rather than you signing and him holding deed in trust).

Cash for downpayments will not be an issue, though limited credit history may (good credit, just limited since I have no mortgage on record).My main questions are:1.

@Page Huyette you are making progress, but I'm going to encourage you to keep looking beyond these lender connections you've found because there are a lot of options out there and it sounds to me like you are letting their limited lending program box in your thinking about what's doable.

Also very interested in learning about financing options and how to limit credit score hits with new utilites and loans.

Don't confuse flat fee for limited or listing only services.

After the time limit you'll see it says "update" you can put info there and it will show up in a separate sentance under your original post so other people will know what you added.