We have made a fantastic relationship with a local CONVENTIONAL lender that has agreed to finance our Cash Flowing Rental inventory to our clients with the following terms.

Funds available now for the purchase, renovation and long-term hold of residential (1 to 4 units) investment property.

Lender will loan up to 75% of the After Repaired Value !

This can be a ZERO down payment loan. Yes, ZERO.
Great program for experienced investors with good credit (680 +), cash reserves and verifiable income.

Sample terms:
75% LTV of the after repaired value
7.5% interest
5 year fixed term
30 year amortization
$1,250 estimated closing costs
1% origination fee to lender
1% origination fee to broker

This is for the acquisition, renovation and long-term hold of residential, 1 - 4 units, rental property. If the property is already renovated that is fine, the key is that this financing is not for flipping but the long-term holding of rental properties.

Each investor can only have four loans with this lender. That investor may have as many loans and properties as they can support but they may only have four with this bank.

The bank portfolios these loans so they are not subject to Fannie and Freddie restrictions.

If the borrower does need renovation funds the bank requires that they put on deposit a CD equal to one half of the renovation funds requested. Once the final inspection is signed off these funds are released back to the borrower.

Generally the bank will advance all of the funds to the borrower at loan closing which eliminates the need for draws.

This program will not last forever so go to www.morekc.com NOW and take advantage of our turn key properties with massive cash flow and returns! Kansas City Investment Properties
Rehabbed Cash Flowing Rental Properties Priced 70-80% of Appraised Value.
Missouri Real Estate Exchange
11333 Hickman Mills Drive
Kansas City, Mo. 64134

Office(816) 767-1188
Fax(816) 767-1193
Toll Free (866) 451-MORE
Email: info@morekc.com