Market Value: 115K
Seeking 70%, 12% interest only payments, 30yr amortization, 5-7 yr balloon, 3 points at closing max, no pre-pay penalties.
FICO 700+
Purpose of loan is to aquire more property.
Can anyone do this???
I bought the house in Septmeber 2009. Paid cash. No Liens on property. Tenant in place since October 2009. Rent is $950. No repairs needed.
3br/2ba 1300sf, built 2002, attached double garage, 2 story house, stucco, very nice area, house is in El Paso, Texas (strong market).
Thanx.
Carlos.