Real Estate Investments in Arizona is still a booming market and I am constantly dealing with investors with the situation below. I know there are ways around this.
I am working with an investor who has snatched up about 8 properties this past year. He is looking to either purchase another one or refi some of his investment properties to 90%. None of these properties, however, have not been seasoned on title for a year. One way I considered to get around the rapid aquisition was if he has been a land lord for two years we could say he has property manager status and that works with some investors. I am looking to get him as little money down, basically 90% or above. I have looked into different investors, but I am running into rapid aquisiton issues. Also if I could do a cash out refi on any of these props he would love to go to 90%. It’s a bit prickly. Any ideas or avenues I may not have considered would be greatly appreciated