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Updated almost 15 years ago, 03/16/2010

Ritch Shepherd's profile image
Ritch Shepherd's profile image
Ritch Shepherd
  • Specialist
  • from Indianapolis, IN
  • Member since Oct 20, 2008
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User Stats

41
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11
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Ritch Shepherd's profile image
Ritch Shepherd's profile image
Ritch Shepherd
  • Specialist
  • from Indianapolis, IN
  • Member since Oct 20, 2008
Connect
Ritch Shepherd
  • Specialist
  • Indianapolis, IN
11
Votes |
41
Posts
Private Lending & Conventional Mortgage Advice

Financing REO 10k-25k rentals

Ritch Shepherd
  • Specialist
  • Indianapolis, IN
Posted

I've been very successful with purchasing REO's for 10k-25k and renting them out for $625-$700 to sec. 8 tenants. I've used credit cards with fixed rates and Bank of America to mortgage the properties, but these types of loans are no longer available. Are there any banks that will finance non owner occupied rentals for 10k to 25k? Thanks, Ritch

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