Real Estate & 100% Bank Financing

                   100% Bank Financing Technique #1

Find a lender who will give you a written commitment that once you own the home they will lend you 80% of the market value of the property.  Then take that commitment to a short term lender and borrow the money (get a cash advance) based on that commitment.  Pay the seller off, then use your commitment to refinance the property.  Then pay off the short term lender.  Note:  You can only get 100% bank financing if you get the property 20% below market value.  Before you even look at property get yourself pre-approved and have a written statement to that effect from the bank, and how much they qualify you for.

                  100% Bank Financing Technique #2

Find a lender who will give you a written commitment that once you own the home they will lend you 80% of the market value of the property then ask the seller to deed you their property (use a warranty deed).  Take back a mortgage on what is now your property for a week or so while you refinance the property.  Then you pay the seller off and you own a home. Note:  The banks will not let you refinance the property until you have owned the property six months or longer.

This Article was brought to you by:

Joshua Fogle

Author of:

(1) How To Make 10% Or More On Your Money

(2) Stock Up On The Stock Market

(3) How To Buy Real Estate With One Hundred Percent Bank Financing

To find me on ebay type in "ZMZ"

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