Do you know what Non-Owner Occupied renovation Loans are? Here's a scoop:
1) 85% of after improved value on purchase transactions.
2) Borrowers can have up to 4 financed properties.
3) No minimum repair amount
4) SFR, PUDs,Condos (attached or detached)
5) Credit Score
6) 1-unit allowed
7) Improvements must be permanently affixed and add value to the property.