Remove Government Remove Investors Remove Lending Remove Renovations
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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. How can investors help with homeownership? Let’s switch gears and consider how investors help with home ownership. But, who are these investors? Jeff Ball is CEO of Viseo Lending.

Investors 388
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Proprietary Capital completes acquisition of AFR, hires new COO

Housing Wire

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. AFR offers agency, nonagency and government lending products. The financials of the deal were not disclosed.

Lending 324
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Biden tax credit to rehab homes is finally unveiled

Housing Wire

How hybrid title and valuations help increase lending efficiency. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. The renovations would be on a budget, however. Streamline by combining services.

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3 unique mortgage products to get today’s homebuyer qualified

Housing Wire

Tom Davis: The main issue with fall-out scenarios is that the government-sponsored enterprises ( GSEs ) have a tighter box with underwriting standards. Deephaven has the flexibility to underwrite based its own lending standards and requirements conducive to challenges in the market. DSCR loans are always a popular option. trillion.

Mortgage 340
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Biden’s plan to fix housing supply depends on Congress

Housing Wire

The government would not build any houses. The plan is in addition to measures the federal government announced in September 2021 that the federal government said would create 100,000 homes in three years. Under Biden’s plan, HUD will also increase the “usability” of its lending for manufactured housing.

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With low inventory, house hunters are in full safari mode

Housing Wire

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. NAR is advocating for temporarily lower capital gains taxes for mom-and-pop real estate investors [i.e.,

Inventory 448
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Institutional SFR players are stuck in the doldrums

Housing Wire

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.