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100% REO financing

bricla profile photo
  • Wednesday, March 26, 2003 @ 05:51 AM EST
  • 2 Comments
Has anyone ever got 100% financing from a Bank that owns a property? I know of a REO I may be writing on, just wondering if this may be an option! :-S
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  • bricla
    bricla20th March, 2003
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    anyone can help please!

  • invest2003
    invest200326th March, 2003
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    Once a property becomes REO...banks want CASH. It is highly unlikely to obtain financing from the seller (in this case), let alone 100%. Hope this answered your question.

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