any non-owner renovation/rehab loans...simliar to FHA but non -owner?

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April 19 2010 - San Diego
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Best Answer
Hard money lenders will require 35%+ down pymt, charge 3-5 pts w/ rates between 12-15%.  However, for short-term rehab deals, it could make sense if you build the cost into your deal.
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April 26 2010
There are absolutely lenders out there with products that meet your needs.  Depends on what you plan to do with the property after rehab.

If you'd like to speak further you can contact me through my profile here.
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April 27 2010
The simple answer is there are non.  Your only option with significant cash down would be to go hard money.  I know of no lender out there doing rehab loans on an investment property.
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April 20 2010
Debi,

I do have a lender that might be able to do a rehab type loan with a signifigant cash holdback.  Please give me a call if you would like their info!
 
Good Living!

Lauren Lombardi
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April 19 2010
 
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