Special Investor Financing   The Usual Loans If you speak to 100 Lenders, at least 99 of them will tell you that as an investor, you will need a minimum of 10% down, and actually more like 20% down.  As an investor, this can cut down on your ability to buy more houses, if you are spending all of your money on down payments and closing costs.  So we have developed a program that allows you to get incredible financing terms and rates.  Most lenders (and Realtors) will require you to make a down payment based on the SALES PRICE.  As an example, let's say you are buying a house for $75,000 that is worth $100,000.  Under standard loan guidelines, you will need to pay $15,000 down (20%) plus closing costs.  If you put less than that down, you will have to pay PMI (mortgage insurance premium) that could cost as much as $80 or $90 per month, effectively eliminating your cash flow.    Our Financing Now, consider our financing.  For that same $75,000 purchase with a value of $100,000, our lender will give you a loan for 80% --- of the VALUE!  That means you can get a loan for $80,000 for that $75,000 purchase, effectively allowing you to buy for no money down and even getting a couple thousand dollars back at the closing!!  Plus, there's no mortgage insurance since there is an 80% Loan To Value Ratio.  On top of that, we get the current market rate, approximately 6.5% fixed for 30 years.   WOW!!  That means excellent cash flow!!    Financing Always Changes Throughout our relationship, we will always be searching for additional alternatives to our financing that is currently in place.  We also realize that there are changes weekly in the investment financing arena and want you to know that as things change, we will have replacement financing in place and ready to go.  Ulitmately, we want to streamline the process and have the best, productive financial program possible for our clients.