Posted by John OH on November 03, 1998 at 24:08:17:
“the loans are crummy due to the red-tape, high fees and costs, etc.”
These loans s*cked for investors. I spent six months getting one closed, and it was a bad deal all the way through.
Owner/occupants might have a different opinion, but with all the cheap money around I can’t imagine it’s worth the hassle.