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What are the loan requirements?

 
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Braxton
Em Be


Joined: 05 Oct 2012
Posts: 10

PostPosted: Fri Oct 05, 2012 7:05 am    Post subject: What are the loan requirements? Reply with quote

To be able to obtain an investment property loan, you need to have a good credit score, enough cash reserve to make payments during months when your investment property has no income, at least 20 percent down payment, proof of income and most of all the property that you wish to purchase must pass the property appraisal.
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