Investor Money for REOs This is what WE HAVE BEEN WAITING FOR


Investor Money is NOW available for selected REO properties.

Highlights

Does NOT need to be Owner OCCUPIED ( Investors Here is what you wanted )

* 5% down payment minimum.
* 75% of “anticipate” rental income can be used to calculations of Income to debt ratios
* Investors Must have prior experience with rental properties.
* individual names, not corps or LLCs
* NO minimum number of properties
* Credit score of 620 or better with no deficiencies in past 12 months

* No Pre-payment penalties

Selected properties, not all qualify.
All properties are sold “AS IS” and do need work.

Call me for more specific details about the loan and the properties
919-877-8805 or email me with your name and number tomb@hpw.com

 

Updated info

100% financing- owner occupied/ no need to be a vet

95%   financing- investor

4.5% ( Jan 19, 2011 rate subject to change )

Up to 3% towards closing costs

$2500 Administration fee

2.2% VA funding fee paid up front and can’t be rolled in

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About Raleigh Homes Info

Greetings, My name is Tom Bohlmann. I am Allen Tate Realtor / Broker in the Raleigh, Durham, Wake Forest, Cary North Carolina areas. Your Home Search starts here: http://www.allentate.com/tombohlmann I have been involved in the Raleigh area real estate investing since 1995. I know all the ins and outs of many many different area markets that the average or even above average Realtor does not know. Give me a call or email so we can talk about your Real Estate Needs. Tom 919-543-5714
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