Can be used by investors Conventional financing (less strict than government loans) Can combine the purchase and renovation or current liability and renovation into one loan. Required investment based off total cost (acquisition/balance + rehab) 20% down for 1 unit 25% down for 2-4 units Can be used on high-rise condos (203k's can't) Loan sizes up to the conforming limits for your area Can be used to close on homes deemed "non-financeable" Cash-out Investor Rehab loans allowed (with appropriate seasoning*) Rates 1-1.5% above … (0 comments)
Wells Fargo investor rehab product can be used to allow up to 90% for non-owner occupied properties.
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