No Money Down Real Estate Investing Course
Learn How To Buy Income Properties Without Risk, Good
Credit, Money Or Tenants!

Click here for more information
 
Welcome, Unregistered.
User Name
Password
Forum Links
Site Navigation
Real Estate Resources
Go Back   Real Estate Investing > Real Estate General > Yahoo Investing Group
Reply
   
 
Thread Tools Search this Thread Display Modes
  #1  
Old 09-28-2005, 09:33 AM
fam_first
Guest
 
Posts: n/a
Default Re: [IncomeProperties] Pre-Foreclosure deal

"..... 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
lenders issue.


When we approve our clients they can close as soon as the property is
selected, appraised and title work is completed.


SIDE NOTE:

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.



Dallas Allbritton

Branch Manager

615-361-1738 Office

615-361-1408 Fax

615-512-9173 Cell

http://www.familyfirstmortgage.com/ffmc/branch_detail.php?branch_id=181

dallaspa@bellsouth.net



-------Original Message-------


From: IncomeProperties@yahoogroups.com

Date: 11/10/04 13:55:31

To: IncomeProperties@yahoogroups.com

Subject: Re: [IncomeProperties] Pre-Foreclosure deal


I can do 100% but closing cost taxes etc are involved.


--- Laban Johnson <laban@realestateinvestmentusa.com>

wrote:


> Speaking of prefor's, anyone have a way to acquire

> investment props in
> REO with 100% lending, no money down?

>


Yahoo! Groups Sponsor

ADVERTISEMENT







Yahoo! Groups Links


To visit your group on the web, go to:

http://groups.yahoo.com/group/IncomeProperties/


To unsubscribe from this group, send an email to:

IncomeProperties-unsubscribe@yahoogroups.com


Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.




[Non-text portions of this message have been removed]
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -8. The time now is 02:10 AM.


Powered by: vBulletin Version 3.0.8
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 2.4.0
Copyright 2001 - 2006, Buy Income Properties, Inc. All Rights Reserved. Privacy Policy in Observance.