Banks are still holding inventory of foreclosures so I think it really hard to determine the near future in today's economy.Stick to the strategy....buy at a huge discount and make sure that a plan B rental will cover your costs.

The idea behind the 70% is to allow you to refi into conventional at 75% LTV.

If you are doing conventional, then that opens you up to more possibilities..but you wont hit the 1% rule in those areas.

I got a healthy neighborhood loan.  3% down/ower occupancy/no pmi with renovation wrapped in conventional loan.

So many folks are exiting the SFH rental market, (either they never really wanted to be in it in the first place and got stuck, or they are investors and they're taking their profits elsewhere), and most of those homes aren't being returned to the rental inventory.

If you are looking to buy as investment then you will have to look for a conventional loan.Upen Patel, Mortgage BankerFederal NMLS# 1374243

For Traditional financing you are going to have to put some money down with either FHA or Conventional. 

The goal i sit with is to maximize leverage abillity for me, and having already maxed out with conventional financing in norway, i now seek employment abroad.

I don't think its correction will be sudden drop but more of a slow tapering as inventory is added and interest rates rise. 

In the near future we will be bringing on investors who will serve as private lenders on rehabs which will be sold conventionally in most cases.I have tons of pictures that wont make this post but here's a few!