http://at-riskstudents.com Loan Program Tue, 18 Jan 2011 12:10:14 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://at-riskstudents.com/2011/01/tx-purchase-refi-note-buyer/#comment-4 Andrew Tue, 18 Jan 2011 12:10:14 +0000 http://at-riskstudents.com/?p=12#comment-4 Try FHA with the lack of showing hard payment history on housing history. What is your definition of credit being down? If your home value is 110k, will the FHA (a little more conservative) appraisal support the value and will the LTV suffice? It sounds like it should jive. If he currently has no vested interest in the property (no deed transfer, etc.) than you can probably treat the transaction as a purchase just so long as the seller is willing to work with the sale structure and considering that he only desires to net 83k. Sounds like the makings of a profitable transaction for you...Andrew Try FHA with the lack of showing hard payment history on housing history. What is your definition of credit being down? If your home value is 110k, will the FHA (a little more conservative) appraisal support the value and will the LTV suffice? It sounds like it should jive. If he currently has no vested interest in the property (no deed transfer, etc.) than you can probably treat the transaction as a purchase just so long as the seller is willing to work with the sale structure and considering that he only desires to net 83k. Sounds like the makings of a profitable transaction for you…Andrew

]]> http://at-riskstudents.com/2010/06/45-property-cash-out-refi/#comment-3 admin Mon, 28 Jun 2010 06:51:23 +0000 http://at-riskstudents.com/?p=8#comment-3 hello yes but we need more details, kindly provide the following first then we can help 1.name or names of borrowers 2.social security nos of all boroowers 3. status in usa (resident alien or permanenet resident) 4. need copies of #3 as proof 5. business taxes or financials for last three years 6. what kind of investment properties are these e.g rentals or any other type 7. 40% ltv is no problem but we need to have above 6 items on us before we go ahed regards hello yes but we need more details, kindly provide the following first then we can help
1.name or names of borrowers
2.social security nos of all boroowers
3. status in usa (resident alien or permanenet resident)
4. need copies of #3 as proof
5. business taxes or financials for last three years
6. what kind of investment properties are these e.g rentals or any other type
7. 40% ltv is no problem
but we need to have above 6 items on us before we go ahed regards

]]> http://at-riskstudents.com/2010/06/45-property-cash-out-refi/#comment-2 Sam Sun, 27 Jun 2010 13:07:12 +0000 http://at-riskstudents.com/?p=8#comment-2 I work with a lot of RE investors, you may want to suggest that he not blanket all the properties under one note. That could cause him some problems in the future if he decides to sell some of the properties. He only really needs to use enough properties to meet the LTV requirement of the lender. I'd give Washington Mutual a try. I work with a lot of RE investors, you may want to suggest that he not blanket all the properties under one note. That could cause him some problems in the future if he decides to sell some of the properties. He only really needs to use enough properties to meet the LTV requirement of the lender. I’d give Washington Mutual a try.

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