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You can still invest with 100% financing, but you have to know who to talk to

I keep getting told time and time again by the investors I meet at my empowered investors networking meetings, that they just can't get 100% financing anymore and it is hard to come up with 10% over and over to buy more properties for investment purposes.

I tell them there are plenty of opportunities to get 100% financing they just have to be creative and find the right sellers. I have sellers everyday that offer 100% financing with an owner contract, giving an investor a 100% financed investment property.

If you are looking to buy an investment property with 100% financing in this time of mortgage meltdown and would like to find out more about buying properties with sellers carrying part or maybe even all of the note, then give me a call, or come to one of our empowered investor meetings and talk with me or one of the other investors I've helped.

Todd Clark - broker
Kastings & Associates
Phone: (503)524-9494
Fax: (503)622-8739

Posted by Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert) on 03/09/2008 01:30 PM

Comments (10)

Owner Financing in the Mortgage / Finance Channel

is 100 still available in beaverton oregon, owner financing in beaverton oregon, todd clark, realtor

Originally posted at: Living Beaverton - Your guide to everything Beaverton: You can still invest with 100% financing, but you have to know who to talk to

This post has been included in Oregon Information Washington County, OR Information Beaverton, OR Information
Post is included in group: Lease Option
Post is included in group: Creative Financing, Grants Deal Closers

10 Comments on You can still invest with 100% financing, but you have to know who to talk to

MAR

2008

I have found the 100% loans out there too. Just have to look a little bit harder. Good credit and income is needed but they are out there.

Ok, I'll bite... Tell me how.

Todd - In this age of mortgage meltdown, I insist on 10% down. Buyers are not too quick to back off a deal if they know they will lose the 10% deposit.

Todd. When I first started investing back in the 80s everything I bought was owner financed 100%. It's a great way to buy!!! I too am starting to see a lot more of it.

Yup...it's still here.... just stricter guidelines...which is fine with me....no dilly dallying...they either area qualified or not.

Todd- your straight talk to investors is a great way to get traffic here

Todd - You always have the best information! Your clients are lucky to have you.

APR

Gary - With owner financing, you don't even need to have perfect credit.

Mark - Owner financing and they are happy to do it because of the extra money they earn from the sale.

Rosalinda - This is really only available now on fixer properties where owners are happy to see the properties go.

Bryant - With interest rates reaching 18-19% in the early 80s a lot of people bought that way and saved thousands a year in interest.

Sally - With owner finanancing it is a lot quicker close, but on those fixer properties those owners are happy to see the properties sell.

Judy - It certainly was, the weird part is how many are scared now.

Candy - Thank you, it has been a long time since I've seen anything from you, what is up?

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