Investor Money is NOW available for selected REO properties.
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 email@example.com
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