Monday, January 10, 2011

Only 5% Down on a 2-unit Condo Building???

I'm hearing that lenders are a losening up a bit and there are more options out there are have not been available in the past couple of years. A lender that I work with just told me he recently closed a condo sale in Weehawken (which only consisted of 2 units) with only 5% down using one of their bank portfolios!

That's incredible news!

Looking forward to a great 2011~

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