If you have excellent credit you will have the least amount of hurdles to jump through. When the mortgage companies in are discussing your creditworthiness They are generally referring to your FICO score,looking at your credit. This refers to the combination of the three credit institutions and is typically standard for coming up with whether or not they may lend you money. When looking at your credit score you will have access to the best loans and more negotiating room with a FICO score above 710. There are now many different loan solutions available to the investor in . It is still possible but not probable that you could fine financing for 100% of the cost to purchase the piece of investment property. There are still options available,if your credit is not excellent. A second option is to work with the seller and have him or her carry an additional mortgage on the property in which you are working with in . In this case lets say you negotiate a price both you and the seller are happy with. You get 80% through a bank or lender and the owner agree to finance to other 20% for you as a term of the contract. It is easier to get a loan for 80% of the purchase price. It is definitely the case if you have agreed on a cost that is less than the market value. Perhaps you agreed upon a final price of $100,000 while the actual market value of the property as per an appraisal was $138,900. In this scenario the money coming from the lender is easier to get. This is not as risky. For a FREE List of 3 Plus Bedroom Paulding County Homes under $150,000 with prices, addresses, and descriptions click the link or fill out the form below.