Any MI Banks Do 100% On Single Family Investment?

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Lake Orion Michigan area is stagnant due to Big 3 shrinkage. Many deals. Need 90k for deal and hopefully additional 20k for improvments-( 150k neighboorhood average price) Do any banks offer help or is there another avenue proven and tested? Rent would be close to 1000 mo and value 155k after 20k in material and sweat by me. Do able?

Comments(1)

  • InvestmentBanker31st October, 2006

    What is your middle credit score?
    How long on your job?
    Do you have documentable income for the last 2 years?
    Do you have liquid assets in checking or savings?
    Do you have experience rehabbing?
    Do you currently own a primary property?
    [addsig]

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