100% Financing For Non-Owner Occupied or Commercial Real Estate Property is a Myth
Everyday, I receive many calls about 100% financing on non-owner occupied properties, usually from eager hopefuls who just attended a seminar somewhere and were told they could make money flipping properties with no money down.
Structuring the Seller Second
We anticipate a trend where lenders will retreat to playing it safe by lowering their LTV (loan amounts to appraised value or purchase price), tightening restrictions on new construction purchase loans and demanding higher borrower credit scores.
The Elusive 100% Seller Second Mortgage
Seller seconds are a fantastic option to gain ownership of high value property that would otherwise be out of reach for buyers with little money down.