Hello:Is there a link or site with information pertaining to available loan programs for investors who 1. have outsdtanding credit 2.

I may be asking for advice on the financing since I’ve only done traditional in the past but I have flawless credit report and a good amount of cash avail but I’d rather not touch much of that.

Your local market may be different but here are a few rules of thumb1) Investor financing is tough for any situation.2) Cash out refinancing is not available. 3) Refinancing will take some seasoning, perhaps a year.

Actually interest rate on the one I just mentioned was 3.875%:).That does look like a great deal, but this also shows a perfect example of how lenders can charge not only upfront but on the backend to, and that is where they can make up more fees.Cash out refi's are readily available so long as the property is seasoned (typically 12 months or longer) and the financials qualify.

I just had a deal fall apart because hud requested the hard money lender show a bank statement or letter from their bank showing they have enough funds to close the deal, when I told the lender about this they were dumbfounded, they told me that the funds was available but it would not be in the lenders account, since they pulling these fund from a pool of investors, and I spoke to more than one hard money lender and they told me the same thing(they were both willing to issue a strong letter of intent, hud said this was a new policy) I am wondering if anybody else has had this experience

Use of your own vendors or ours (contractors, handymen)...Accounting reports, which format, how frequently updated, available online, quicken, quickbooks, excel?

When I called several local mobile home dealers, I found out that 15 to 20 year loans are available for mobiles.

I'm being very cautious about proceeding, and I know if this deal doesn't work out, there will be another one available in the coming months (there always is).

If you bought the home today and needed to sell it a year or two later, you'd have a home that will have depreciated along with a shortage of available buyers due to limited financing options.

Maybe they'll have fewer resources available, too.As long as you're getting addresses, get phone numbers, too.