Nathan,There are no 1st and 2nd mortgage combos to 100 CLTV allowed in residential investment financing---mezzanine is exclusive to commercial funding requirements ---seller contributions are capped by FNMA and won't allow for 100 CLTV...The only way I know of securing 100 CLTV for investor financing is combining a conventional 90 LTV (need to go FULL DOC to get this) with an unsecured LOC.Regards,Scott Miller

Im amazed that I keep googling different variations of this phrase and Im only pulling up payday loans or bs marketing ploys.I would use Prosper.com to try and fund loan but the site puts a cap on the % I can offer.

You are going to have a difficulty with; 1) Getting 90% financing on a 3 unit [portfolio lending caps off at 75-80%], 2) Securing a rate of 7.00% [unless you are willing to buy down the rate] using a NOO/investor approach.

but that isnt the real truth the real truth is that they wont to have the home owners to live the high life for a littel while and then after 3 or so years when they start to cap out on there adjustable if they didnt pre pair for it then they move the next one in a vicious cycle its a desingned to keep the economy working

Does anyone understand this new bill which was passed to pay to forgive mortgage debt? Effective after Jan. 2008 for sale of any residence that previously was used as a rental or vacation home. I'd appreciate some ...

the cap rate is used to value the property based on its future income payments with respect to present day values.

My father in law was just telling me that he had a place that someone broke the outside spigot by using it in freezing weather and not draining it so he ran out, cut the pipe off and threw a sharkbite cap on it to fix it until spring.

- You'd get a higher LTV allowance if your properties were 1-2 units---most lenders are going to cap you at between 75-80 LTV (you could expect to secure up to 85-90 LTV if they were 1-2 units).- Expect to have cash reserves (most lenders will want 6 months).

The flooring and paint can be livable, but not great.If you purchase the property, leave it as is, and find tenants paying the same rent then you will have a cap rate over 30%, which is good. 

Any profits above this return will be split 75% to him and 25% to you as compensation for your management fee.You could charge only an acquisition and management fee instead if he feels the split is too rich for you or you could offer to cap the 75/25 split at a certain dollar value and thereafter, it defaults to a 90/10 split representative of the cash contributions.