Richard Duane McClellan
Non warrantable condo as a primary residence, seeking mortgage
Hi all,Can anyone provide some advice on obtaining a mortgage for a non warrantable condo that I would use as a primary residence? Maybe a lead on a potential private lender, or portfolio lender?I have spoken with a ...
William Charles
Advice on cash out refi on non warrantable condos
Hello, I could use some advice on my current situation. I’m finishing up renovation on 2 non warrantable condos that won’t qualify for traditional financing. What would be the best loan product to seek to cash out refi?
Ellie Narie
Does animal abuse warrant a 24 hour termination notice?
In my state, tenants can be terminated for "outrageous" acts by being given a 24 hour unconditional notice to quit. I just found out that my tenant has three unauthorized pets AND they left them all alone for a week i...
Ehimen Sedenu
Quantifying the %loss of the Non-warrantable condo tag
For example: If the market for warrantable condo (2b/2bth) is 100k, how much would a non-warrantable condo go for in the same market. I am trying to quantify the %loss to be expected when selling such a property...I d...
Derek Jones
Seeking non-warrantable condo refi options in Atlanta, GA
As title states, I have 2 non-warrantable investment loans that I'd like to refi given rates are super low. Any and all referrals are welcomed. I bank with 8+ local community banks and non have/are currently doing th...
Megan Rycroft
Analysis paralysis on an non-warrantable condo in Florida
SOS on helping me NOT overthink. :) I made an offer on a condo - only to find out it's non-warrantable.It's a small studio located near Cape Canaveral. A few issues I am having trouble with:1. Obviously financing, add...
Vinny Incognoli
In need of a Non warrantable line of credit
Hope all is well. Has anyone dealt with a private lender that could help with a line of credit for my non warrantable condo? I am hoping to utilize the line of credit to purchase another unit. I am open to other sugge...
Joshua Wynn
Do Army Warrant Officers make good real estate investors?
That’s a rhetorical question because of course they do and I’m going to be proof soon. Good afternoon BP friends. If you haven’t guessed I’m an Army Warrant Officer that’s delving into real estate now. I’ve always bee...
Gregg C.
Using a 7yr ARM for a non-warrantable condo
Hi All,
I am under contract on 2bdrm condo in the Park Hill neighborhood of Denver for $94,300. Having a difficult time finding financing since it is an investment property in a condo with the own-occ rate at...
Louis Mannikko
Condo Association vs HOA
Hey Everyone, Talked to my mortgage broker today to see what kind of property i would qualify for with a conventional mortgage, and she said something that I wanted to verify with everyone.A couple of properties I am ...