I have a client who would like to upgrade one or two-bedroom
properties in the Austin area to 3 bedroom two baths. We're looking
for properties that meet his needs as well as a loan. He'd like a
stated income loan that meets these guidelines:

1. 95% ARV with 5-7% interest on a 30 year amortization 
2. Is willing to take 80% ARV with prime plus 1 for 12 months for
rehab or new construction.
3. Has 700+ FICO and doesn't want a limit on the number of houses he
can buy.








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