- Does anyone know of a good place to go for 100% financing on investment properties in Kansas?
- Financing Non Owner Occupied Investment Properties?
- Can a Small Business loan be used to purchase investment properties?
- If I foreclose on Primary and investment properties, could the banks come after me for the deficiency amount?
Who does 100% financing for investment properties?
02
Apr
daeve930
April 2, 2010 at 11:44 am
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.
Ken E
April 2, 2010 at 12:35 pm
your kidding, with today’s real estate market. I would bet nobody does 100% financing.
van
April 2, 2010 at 12:49 pm
the finacial institution will finace the property 100% not requiring you to put down a down payment.
redwine
April 2, 2010 at 1:40 pm
text book says: No one anymore.
mayor r
April 2, 2010 at 2:38 pm
I can’t think of it.
rdd1952
April 2, 2010 at 2:54 pm
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.
einstein22003
April 2, 2010 at 3:28 pm
well is the investment worth it first? and yes you would have to have perfect credit.
bpl
April 2, 2010 at 4:09 pm
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.
Stacy
April 2, 2010 at 4:26 pm
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.
nick k
April 2, 2010 at 4:51 pm
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.
Terry S
April 2, 2010 at 5:22 pm
No one that I know.