Topic: non warrantable condo loans Am running into this lately with a popular condo area just up the street. Finally went 55% investor held and is no longer FHA ready. Many, many, many instances of UC then back on market with a strong relationship to quickly declining prices. Strangely, listors still insist on putting FHA financing availability on the listing card. It's like they just don't get it or are still hoping to attract buyers. I've found Compass bank offers a non-warrantable loan package which is a decent trade off with no mip but a point added. What is your opinion of valuation in popular and well to do condo markets where the balances tip in favor of investors and financing becomes restrictive to non investor buyers? MB advised me not to paint myself into a corner. But on the other hand, the income potential is already built in 25%+ just on the income vs market consideration. HOA area as well. Some concerns about financing again in the future with a potential non saleable stuck to my side because it's costing about 2/5ths of our available prequal limitation. But then again it's a slam dunk as far as rental capacity goes in the future and will bring us immediate savings which will be a big relief budget wise with the new baby. Your thoughts?