http://www.zillow.com/advice-thread/What-is-the-best-available-loans-for-an-investor/203946/ Zillow Advice | Zillow Real Estate http://www.zillow.com/advice-thread/What-is-the-best-available-loans-for-an-investor/203946/ <p>You can go Fannie Mae...<br/>(Stringent Requirements Apply)</p><p>To that end, <a href="http://www.zillow.com/mortgage-glossary/Fannie-Mae/">Fannie Mae</a> will now finance the purchases of one-unit homes for investors with an interest in between 5-10 properties, provided that all of the following guidelines are met:</p><ul><li>25 percent down payment on the investment property;</li><li>Minimum credit score of 720;</li><li>No <a href="http://www.zillow.com/mortgage/">mortgage</a> payments late within the last 12 months;</li><li>No bankruptcies or <a href="http://www.zillow.com/homes/for_sale/fore_lt/">foreclosures</a> in the last seven years;</li><li>Two years of tax returns showing rental income from all rental properties;</li><li>Six months of principal, interest, taxes and insurance reserves on <em>each</em> of the financed properties.</li></ul> Wed, 11 Mar 2009 03:01:00 GMT http://www.zillow.com/advice-thread/What-is-the-best-available-loans-for-an-investor/203946/ 2009-03-11T03:01:00Z http://www.zillow.com/advice-thread/What-is-the-best-available-loans-for-an-investor/203946/ OWNER FINANCING! Thu, 26 Feb 2009 02:04:00 GMT http://www.zillow.com/advice-thread/What-is-the-best-available-loans-for-an-investor/203946/ 2009-02-26T02:04:00Z