Residential Rental Property Financing is Back in Kansas City

I could hardly wait to write this post because it's been about a year since I have heard anything close to what my new mortgage broker contact has to offer. Have you been wanting to purchase more residential rental properties in Kansas City but couldn't because of financing? Take a look at the following terms the broker sent to me and look at our website to see which properties you'd like to take a closer look at adding to your portfolio.

•· Lender will loan up to 75% of the After Repaired Value! This can be a ZERO down payment loan. Yes, ZERO!

•· Funds available for long-term hold.

•· Great program for experienced investors with good credit (680+), cash reserves, and verifiable income.

•· Individual loan for each property. This is not a blanket loan.

•· Sample terms:

•o 7.5% interest

•o 5-year fixed term

•o 30-year amortization

•o Estimated $1,250 in closing costs, excluding origination fees

•o 1% origination fee to lender; 1% origination fee to mortgage broker

Are you looking to buy an investment property and need a buyer's agent to help you get it with this program? Let's talk about what you're trying to accomplish and see if together we can make it happen.

For more information about real estate investing in Kansas City with traditional lending or with your Equity Trust Company self-directed IRA, contact Paul Surles at 913-488-7588 or Paul@PaulSurles.com.

Looking for a Johnson County home in the Blue Valley School district or Olathe school district to live-in? Visit www.PaulSurles.com to search available homes.

Paul Surles

Realty Resource, LLC

Paul@PaulSurles.com

913-488-7588

www.MetroREOSales.com - search investment properties

www.PaulSurles.com - search homes to live-in