"..... investment props in > REO with 100% lending"
Getting 100% for this type deal is no different that any other. the issue
you will very likley face with a REO property is the amount of time the
seller will initially allow, to close. Most want their $$ in a week or will
not enter into a contract w/out agreeing to. The best way to avoid this
issue is get pre-approved, well beyond the cookie-kutter letters some
When we approve our clients they can close as soon as the property is
selected, appraised and title work is completed.
Most, not all but.. MOST Bank Officers in the REO department are under a
lot of stress to cut the banks losses BUT when you do one deal with ONE
officer you get info that others do not.
615-512-9173 Cell http://www.familyfirstmortgage.com/ffmc/branch_detail.php?branch_id=181 email@example.com
Date: 11/10/04 13:55:31
Subject: Re: [IncomeProperties] Pre-Foreclosure deal
I can do 100% but closing cost taxes etc are involved.
--- Laban Johnson <firstname.lastname@example.org
> Speaking of prefor's, anyone have a way to acquire
> investment props in
> REO with 100% lending, no money down?
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