"Declare Your Independence with Ernest Hancock" - July 16th 2009
Program Date:FreedomsPhoenix.com Economic Editor Jack Gregson - Senior Editor of FreedomsPhoenix Powell Gammill - Activists Gwen Strimic, Shelton "4409" all get to introduce themselves to our radio audience (more are coming)
Hey Ernie, as far as multi-family/multi-individual mortgages go, that's supported by most banks and mortgage products. I've done loans with 7 people on them. The only real concern is most of the products require all people on the note (contributors to the payment) to meet all of the qualifications. Some allow for weeker applicants (such as FHA). The homes can also be bought by an LLC if it's considered an investment property or held in trust.