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So you want to start investing in fixers, but have no credit

The title may seem to be good to be true, but it isn't. You maybe able to buy a property at as low as 6.5%,
tomorrow, with as little down as $1,000 and no closing costs upfront.

How does this work? The Veterans Administration forecloses on homes and sells some of them with vendee
financing on a bidding process and requires no credit check. The highest bidder wins! They will even finance your closing costs for you.

The catch is a lot of these homes are in out of the way places. So, if you don't mind having your first investment property being a couple hours away, now, maybe your chance to become the next great investor.

For more information on owning a VA foreclosure home, please feel free to contact me anytime.

 Creative Financing

Todd Clark - broker
Kastings & Associates
(503)524-9494
Todd@IFoundYourNewHome.com
www.IFoundYourNewHome.com

 

3 comments • Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert) • June 28 2007 09:17AM

Comments

Todd,

Do you have to be a Vetran for these homes?  Do they have them in other areas besides Oregon, and do they have to be the principal residence?

Thanks,

Kathy

Posted by Kathy McGraw, Riverside County CA Real Estate (CELLing Realty) over 3 years ago

No they don't have to be your primary residence, no you don't have to be a veteran and yes they are available nationwide!

Todd

Posted by Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert) (Capstone Real Estate) over 3 years ago
Well......your answer puts a new meaning to "short and sweet"  :)  thank you....I have sent you a mail for more info.
Posted by Kathy McGraw, Riverside County CA Real Estate (CELLing Realty) over 3 years ago

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