For all you investors out there, here is a great opportunity, just when you thought the investment opportunities were gone!
www.homepath.com This website has homes owned by FannieMae that are for sale. These homes qualify for special financing for all investors. The minimum required investment is only 10% down. Yes, really only 10%!!! Mortgage insurance is not required on these propertis and an appraisal is not required.
Now, just a few of the disclaimers, borrowers can not have more than 4 financed properties on this program, credit score must be 660 and you must qualify with the full payment with no offsets for the proposed rental income.
Check out the website and contact your realtor to view any homes and make an offer! Call me for all loan parameters and details. 503 585 1105 or firstname.lastname@example.org.