Home › Forums › Housing › Chances of buying an REO or short-sale without 20% down? › Thats most of my clients
Thats most of my clients right now.
Good credit, good pay, but low savings (like 5-10 percent).
Not always the best position to get low offers accepted but totally reasonable.
I really see the cash component come into play here when its like all cash. And that’s for reo’s.
The shorts seem to only care that they have a patient buyer (I am listing a few) and that the lender is legit.
If you have more detailed questions (like too detailed for a thread), you can also email. Its my handle at gmail.
