Modern apartment house in front of a blue sky

FHA is relaxing the guideline to approve (insure) loans to buyers.  For many years developers would stray away because of the crazy (owner/renter) ratio in the building, which sucked!  My friend Tom, almost went bankrupt after developing 8 (townhomes, that had 2 walls connected) declaring it legally a CONDO.  Buyers loved the place but could not get a loan, just crazy.  Now FHA is relaxing that old loco law.

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Alan Jimz

15 Years experience as a licensed realtor -- 150+ Successful Transaction completed -- 20+ Investment Flips -- 20+ Wholesale Transactions Completed -- 10+ Renovations / New Construction Projects Completed -- Commercial Mortgage Broker since 2008 at USPrimeLending.com

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