Investors can buy unlimited properties using our programs - 03/30/09 08:59 AM
Are you an investor stuck with not being able to purchase more properties? Eastern Michigan Investments, Inc. can show you how you can buy unlimited investment properties using seller financing. This does not mean the seller will hold a long term note or land contract, in fact they get paid off just like a normal mortgage.
This type of seller financing does not typically report on your credit report!!!
Below are 3 options available for investors and the loan program details.
Option 1: Investor
•·         Min credit score 660
•·         Full Doc - Self Employed OK
•·         Must have consistent 2 … (0 comments)

Now offering commercial financing nationwide - 03/27/09 08:21 AM
Eastern Michigan Investments, Inc. can help you get the financing needed for your commercial projects.
•·         Multi-Family, Office, Retail, Strip Malls, Industrial, gas stations, etc.
•·         $500,000 to $50,000,000
•·         Up to 65% LTV/LTC
•·         Close in 1 to 3 weeks
•·         Loan Terms - 6 - 18 months
•·         12 - 14% interest
•·         All states available - except Michigan, Ohio and parts of Florida.
Items needed to apply:
•·         Signed 1003
•·         Signed personal financial statement
•·         Credit report within 30 days
•·         Color pictures - exterior and interior
•·         2 - 3 years business and personal tax returns
… (0 comments)

More states added to our 100% purchase and rehab loan program - 03/20/09 01:42 PM
We offer 3 programs for those who would like to get purchase and rehab funds for investment properties. These programs have become very popular with purchasing REO properties. Each program can typically close in 2 weeks once all docs and applications are in.
NEW Program 3: 100% Purchase and Rehab
•·         100% of the purchase and rehab costs
•·         Up to 70% ARV
•·         6 month loans (no monthly payments - Florida has some restrictions)
•·         Rates starting at 10%
•·         Full Doc**
•·         660 Credit
•·         Do not have to live in same state as you invest
•·         This program … (0 comments)

Hard Money Available Nationwide - 03/16/09 02:22 PM
We offer 2 programs for those who would like to get purchase and rehab funds for investment properties. These programs have become very popular with purchasing REO properties. Each program can typically close in 2 weeks once all docs and applications are in.
Program 1: 100% Purchase and Rehab
•·         100% of the purchase, cost of rehab and soft costs
•·         Lending up to 70 - 75% of the after repaired value
•·         9 month loans
•·         Rates starting at 9.5%
•·         Full Doc**
•·         680 credit (660 on case by case)
•·         Must live and own primary residence in same … (0 comments)

We buy out land contracts and seller financed notes - 03/13/09 06:48 PM
Do you have a land contract or seller financed note you are collecting on or want to sell your house on using a land contract or seller financed note and get paid off? We can help!!!  Eastern Michigan Investments, Inc. can turn that land contract or seller financed note into cash.
If your buyer meets the following requirements, we can buy out your land contract/seller financed note:
•·         620 middle credit score - Owner Occupied
•·         660/680 middle credit score - Investment
•o    Credit scores lower will be considered on case by case basis
•·         Able to go Full Doc
•·         … (0 comments)

Investor Financing Available - We can finance unlimited properties!!! - 03/05/09 11:42 AM
We can help you purchase more investment properties. Eastern Michigan Investments, Inc. offers Alternative Financing for investors (and Owner Occupied). Our program does not have a limit to the number of properties on your credit or that you can buy.
This program is available nationwide!!!! (Excludes investment properties in Detroit, MI and Phoenix, AZ, but owner occupied OK)
Borrower Requirements:
•·         FULL DOC - Self employed OK
•·         680 Credit (lower credit on case by case basis)
•·         620 Credit for owner occupied  (lower credit on case by case basis)
Program Features:
•·         Up to 80% LTV - Investment
•·         Up … (0 comments)

 

Scott Walter

Rochester Hills, MI

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Eastern Michigan Investments, Inc.

Address: Rochester, MI, 48306

Office Phone: (248) 453-5336

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