You raise a good question about your search for no money down financing. In today's economic environment, increased banking regulation and stringent lending guidelines, it is nearly impossible to find loan-to-value ratios less than 70% for retail properties, you'll find 75% for mulit-family with a local lender, but to build your hopes on something greater will be tough. A good idea for you maybe to invest your money in real estate stocks, or to seek residential properties especially those REO opportunities to repair and lease or possibly flip. Also, note federal and local laws in regarding flipping and timelines. Good Luck with achieving your investment objectives.
Oct 28, 2010