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Financing in Rio Rancho : Real Estate Advice

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  • Home Buying36
  • Home Selling12
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Activity 3
Thu Mar 19, 2015
ann asked:
Executive Summary:

3114 thoreau Medows
Rio Rancho
New Mexico
Purchase Price is $78,000
rehab is $18,000
ARV is about $144,000
Borrower will be financing the total rehab cost
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Thu Oct 31, 2013
answered:
Were you able to get this situated? We can do VA purchase with scores as low as 580.

Let me know if you need assistance.


Thanks and good luck
1 vote 5 answers Share Flag
Tue Sep 7, 2010
Pamela Harris answered:
All owner financing is by mutual agreement. If you don't like the interest rate ....WALK AWAY! Don't pay any exorbitant rates, in the long run they are not worth it. If the seller truely wants to sell they should be reasonable with their negotiations. ... more
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