2007-10-31 04:24:39 · 11 answers · asked by cashmaker81 6 in Business & Finance ➔ Renting & Real Estate
It is not out there anymore, unless you look at hard money loans where they will lend you purchase price plus improvements. They can lend you up to around 70% of the future value but this comes a t a large cost around 5% up front and 14% interest rates.
With good scores 95% is still out there.
2007-10-31 06:23:56 · answer #1 · answered by Anonymous · 1⤊ 0⤋
If you have extremely good credit you may be able to find it. You can still get 100% financing on primary residences but investment is different. All you can do is start calling the local lenders.
2007-10-31 04:36:57 · answer #2 · answered by rdd1952 3 · 0⤊ 0⤋
Yeah, I don't you will find too many takers. Investment Properties by nature are commercial loans which have even stricter rules concerning loans. So, you will need a big down payment and will pay a higher interest rate than residential property would.
2007-10-31 04:58:01 · answer #3 · answered by bpl 5 · 0⤊ 0⤋
I don't know any lenders who do that. The borrower needs to have a stake in the property, some of their own money. We require 10% down on investment purchases.
2007-10-31 04:27:25 · answer #4 · answered by Debdeb 7 · 0⤊ 0⤋
Just because someone on here was able to get 100% (I was just this month) doesn’t mean you can too. Contact lenders in your area to see what they can do.
2007-10-31 05:04:03 · answer #5 · answered by Anonymous · 0⤊ 0⤋
your kidding, with today's real estate market. I would bet nobody does 100% financing.
2007-10-31 04:27:57 · answer #6 · answered by Jerry S. 2 · 0⤊ 1⤋
well is the investment worth it first? and yes you would have to have perfect credit.
2007-10-31 04:41:27 · answer #7 · answered by einstein22003 2 · 0⤊ 1⤋
the finacial institution will finace the property 100% not requiring you to put down a down payment.
2007-10-31 04:28:10 · answer #8 · answered by nav 1 · 0⤊ 4⤋
text book says: No one anymore.
2007-10-31 04:29:48 · answer #9 · answered by redwine 6 · 1⤊ 0⤋
No one that I know.
2007-10-31 13:08:46 · answer #10 · answered by Terry S 5 · 0⤊ 0⤋