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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (5308)9/14/2002 4:20:34 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
Elroy, the "serial investors" I know originally lived in each house for a while before turning it into rental property and didn't need investor financing from a bank. Also don't know any real estate agent who has the guts to risk jail time by defrauding a bank in the first place.



To: Elroy Jetson who wrote (5308)9/14/2002 5:11:24 PM
From: MSIRespond to of 306849
 
I can get 80% loans on rental property, Elroy, from Washington Mutual and Citibank.

Further, once I improve a property I end up with 100% loans more often than not.

If that's criminal behavior I'd have to say we have too many laws.

Actually, I'd say that anyway -g-


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