Financing Question. . .

How do you guys tend to finance your purchases? Do you put money down and if so how much? I found on my last purchase that I had to put 5% down if I wanted to get a better rate on the duplex and no PMI. It's an interest only product both are at 80/15. What have been your scenarios and have you ever been able to finance at 100% LTV without PMI (mortgage insurance) with a positive cash flow? I thought I could finance 100% and then had to come up with 20k at the last minute and it depleted my savings, yuck. I would love to hear your stories.

Comments(1)

  • winter5916th September, 2004

    Sorry to deflate your excitement at thinking you have a valid response to your post; that said:

    You need to rename this post and then post the message body in another forum NOT in this marketing forum. It is evidently why you have yet to recieve a valid response.

    To answer your question however, very briefly, I would suggest you look at:

    IndyMac -
    Greenpoint Financial

    Google both companies

    For detailing on the compostion of the financing I would strongly suggest re-post under different heading in the other Forum titled : FINANCING; lots of folks ask this question and there are a multitude of people waiting to answer in just as many creative ways.

    Feel free to ask me any questions pertaining to what I have just given you. Hope this helps

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