Fannie Mae has a great program out there help homeowners get into investment properties at investment prices.
Note: I represent buyers for these properties and this is not my listing
My pick - for the Deal of the Day is this one: Located about 30 miles from downtown Kailua Kona, sits on an acre+ of land, is this 2 bedroom 2 bath home built in 2004 - get this - Listed at $129,900 - not a typo, 2/2 on an acre for $129,900 - and its not in Ocean View or Hilo - this is in South Kona, just about 30 miles from town!
Here is the description:
Wonderful newer home in Lani-Kona subdivision. Built in 2004, this nicely constructed 2 bedroom, 2 bath home is on an oversized lot 1.10 acres. Affordable country living is still a reality in South Kona. Has all the conveniences, even high speed internet through DSL here. The yard is partially fenced and cleared - ready for gardening or family farm._ _ _ This is a Fannie Mae Home Path property_ _ Purchase this property for as little as 3c down!_ _ This property is approved for HomePath Mortgage Financing_ _ This property is approved for HomePath Renovation Mortgage Financing_ _
Let me know if you want to get into this home: Lance Owens (RS) 808-936-8383


FYI - January 13, 2012 - live snapshot of the temp
If thats not enough - take a look at this Christmas Day photo, taken in Kona on Alii Drive
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