Good luck in finding a broker here in Austin that can do 90LTV on investment properties. Most brokers can only go 80%LTV on purchase and refinance.
Let me know if you find a broker here in Austin or San Antonio that is investor
friendly and knowledgable with what investors need and really knows his lender that will work with investors.
I have heard it can be done, but have yet to find a Broker or Lender here in Austin that can do a 90%LTV for non owner occupied.
If there is someone here in Austin that knows their Lenders that are willing to provide 90%LTV NOO or construction loans for duplexes and SFR’s, let me know.
I haven’t found any 90% LTV financing from any institutional lenders. Your best bet would be to try to do some Owner carry back financing to acheive 90% LTV
Contact David Buttross. He is a wheeler dealer and sells all kinds of property with 10 % down owner financing. He is not very concerned about credit either, He had a 5 plex for sell recently and a 11 house deal and several duplexes. He sold a friend 20 houses in Waco too. Prices a bit high but the terms are fantastic. He may have a deal or two for you. He is a new member at this forum
Good luck and thank you,
Ted P. Stokely Jr
11505 Sw Oaks
Austin, Texas 78737
512-301-9171 home
512-587-6177 mobile