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100% Financing for Real Estate Investment Property100% financing for real estate investment property is available at reasonable rates. While the rates for the 100% financing for real estate investment property program are above the conventional market, they less than what a "hard money" lender would charge for 100% financing. These 100% financing for real estate investment property loans are setup as either 80/20 or 75/25 combination financing with the first trust set at 80% (or 75%) of the sales price to eliminate the need for Mortgage Insurance and with a second trust for the balance. Pricing on the first is somewhat more attractive on the 75% version with the second priced the same in all situations although I now have one lender offering 100% financing for real estate Investment property with just one loan. These 100% real estate investment property financing programs require excellent credit (700 middle credit score) and you will need to verify 6 months of PITI reserves. 100% financing for real estate investment property is a fully documented loan and is available for a single family, townhouse, or condo. At this time, all lenders will require that you set up an escrow account for tax and insurance payments. Please Note: Due to continuing heavy volumes of purchase and refinance business, all of my real estate investment property appropriate lenders have found it necessary to impose minimum loan amounts. Unfortunately, I will not be able to assist you if your loan amount is below $100,000. Please understand that this is not a minimum imposed by either Carteret Mortgage or my branch but by the lenders we work with. Hopefully, this situation will be resolved soon. I have a page on how to properly calculate your 100% financing for real estate investment property qualification ratios. Read more about 100% financing for real estate investment property Closing Costs In 2008, Short Sales are where most of the action in real estate is. Learn more about Short Sales I have a page on documentation requirements. Limited and No Documentation loans are now available for investment properties. If your interest is in foreclosures, visit my foreclosure page for information and links to property resources. If the building you are looking at contains 5 or more units, you will need commercial loans. We can still help you with your mortgage needs. As commercial, it will require a down payment. Also, I offer an Investment Options Analysis free. It could confirm a deal makes sense or keep you out of a bad deal. Read more about real estate investment property financing If you need to maximize your cash flow, you may want to consider using one of the new interest only loans. Here are my thoughts on the difficulty of "flipping" investor properties. If you are looking at foreclosures, I have a free report available by email. Learn more about investing in real estate Learn about closing in an LLC I also offer reduced documentation business equipment leasing Are you ready to change your life? Please allow me to introduce the Internet Dream Machine
As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer debt is structured today can have a life changing effect in the years to come. Read more about this free, no obligation service. New! View my Wealthbuilder presentation and learn the safe way to manage your debt and fund your retirement. I hope the information on this page was useful to you. Please scroll down to view my Mortgage Market Guide. It is a weekly publication explaining the financial markets from a consumer's perspective that is available on this website or by email subscription. I have nearly 8,000 subscribers today and would be happy to have you as well. Your email address will never be used for any other purpose.
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