Menu
Menu
1. PROPERTY TYPE: Residential Non-Owner Occupied 1-4 Units
2. SALES PRICE: Loan amount will not exceed FHA loan cap
3. SIZE: Maximum of 2800 sq. feet
4. PROPERTY FEATURES: Up to 5 bedrooms & 3 bathrooms
5. SIZE OF PROPERTY: 0.5 acres Maximum
*Higher credit scores (680+), and down payment (20% or more) trumps
3,4 and 5.
*Ask us about our Commercial Lending
You do need to have a signed contract! If you are new to real estate investing, we will go over the numbers with you, making sure this deal will indeed make you money and be good for our investors, as well. Let Stonebridge fund your real estate deals. The more deals you have done the better your rate and terms. In other words, your success brings better rates and terms. We will even consider an equity partnership if the deal supports it.
This is important. When you invest within these parameters, you will appeal to a larger segment of the market, including FHA buyers. This increases your ability to reach more people in more demographics.
FHA loans bring home ownership into reach for first-time home buyers who might have a hard time getting approved with conventional lenders. This increases your ability to sell your property faster and attracts more potential buyers.
Millennials and Boomers are the two segments expected to dominate the market in the next five years. Both Boomers and Millennials are looking at smaller homes: Millennials because they’re just starting out; Boomers because they’re downsizing. Buyers of all ages are steering clear of the large, ornate houses. Instead they favor smaller, more modern-looking alternatives.
Both Boomers and Millennials are looking for less upkeep: Boomers because they are getting older and Millennials because they are just starting out. More acreage also means more expense. One of the lenders we use has the following slogan “investing made simple.” This keeps it simple giving you the best chance to make money in real estate.
