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Any Stated Income Loans for investment properties

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Icon Mini Profile sirod





Joined: 31 Jan 2008

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3.26 Dollars($)
Post Posted: Wed Jul 02, 2008 12:11 pm    Post subject: Any Stated Income Loans for investment properties
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Looking for investment property on the same block. No one like the "second home" idea. Lets go investment property.

Stated/Stated
687 fico
18/40 ratios
18K monthly income
Icon Mini Profile brian1
brian1
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Joined: 14 Jun 2008



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Location: Northern California
15.61 Dollars($)
Post Posted: Wed Jul 02, 2008 11:16 pm    Post subject:
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Not that I have seen
Cant even get stated for owner occupied?
Can you verify income via taxes? Likely your only hope other than hard money.

Good Luck
Brian

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Icon Mini Profile charlesarmbruster
charles.armbruster
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Location: Chandler, AZ
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Post Posted: Tue Jul 08, 2008 11:00 am    Post subject:
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No problem -- you'll need to put 30% down. Standard 30-yr amortized. A good broker can find you a lender.
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