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Creative Real Estate Financing

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Naz Hossain
  • Developer
  • San Antonio, TX
81
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176
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Zero Down, does it really exist?

Naz Hossain
  • Developer
  • San Antonio, TX
Posted Aug 6 2021, 19:34

I heard on a BP podcast that there was bank in Alaska (lending locally) who lends on appraised value of a property, rather than the purchase price. Do these type of banks really exist? Where they will cover 100% of cost/purchase as long as it below a certain percentage of appraised value? Are there lenders out there who might come close? There is a property I am looking at very closely that has a lot of margin but will be a rental purchase. Shooting my shot here

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