unless NINA is back, no way anyone can get 20 loans

unless NINA is back, no way anyone can get beyond 10 loans, let alone 20...

in the past, some small banks do residential blanket loans, but those are gone too.

I think the only way to grow right now, is bypass the bank, go beyond the bank, and wait til your portfolio can generate a healthy P&L for minimum 3 years, and get a commercial loan.

所有跟帖： 

• Went to bank for loan today. Too much closing cost. Not worth do -borisg- ♀ (0 bytes) () 09/26/2012 postreply 14:26:50

• I have a proposal from a bank. loan $68K, closing $13K. LOL. -sweetptt- ♂ (0 bytes) () 09/26/2012 postreply 14:38:36

• LOL w/ you -southerncal- ♀ (0 bytes) () 09/26/2012 postreply 14:39:51

• You can get 20 loans from Fannie Mae Homepath now -southerncal- ♀ (1692 bytes) () 09/26/2012 postreply 14:27:22

• not subject to LTI ratio? -jy101- ♂ (0 bytes) () 09/26/2012 postreply 14:31:33

• I don' -southerncal- ♀ (0 bytes) () 09/26/2012 postreply 14:32:25

• I don't know about the details. Above is from an email sent to m -southerncal- ♀ (29 bytes) () 09/26/2012 postreply 14:34:01

• I am thinking about the same way... -SunshineInCA- ♀ (0 bytes) () 09/26/2012 postreply 14:34:14

• No any one commercial loan for your SFHs. no matter how your P&L -yoyo2- ♀ (0 bytes) () 09/26/2012 postreply 14:58:49

• jy說了是SFH嗎？是商業房地產。 -SunshineInCA- ♀ (0 bytes) () 09/26/2012 postreply 15:00:52

• a commerical loan is mostly related with 商業房地產 net income. i am -yoyo2- ♀ (0 bytes) () 09/26/2012 postreply 15:08:01

• 回複：got what jy said. -yoyo2- ♀ (0 bytes) () 09/26/2012 postreply 15:26:59

• But too far to me -yoyo2- ♀ (0 bytes) () 09/26/2012 postreply 16:13:35

• co：我特崇拜姐姐！ -yoyo2- ♀ (0 bytes) () 09/26/2012 postreply 17:08:42

• no no, no. 2 SSN, 20 loans. 1 SSN, 10 loans. -HappyWed- ♀ (0 bytes) () 09/26/2012 postreply 15:34:11