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Updated almost 10 years ago,
Looking for financing advice
I'm looking to purchase an excellent property in my area that just came up as my primary residence. I've met with the seller and will do a by owner transaction. My question is how to structure a loan on the new purchase while trying to sell my current primary residence.
I've heard of the old school bridge loans; what is the trend today? Currently I have one primary residence loan and two investment property loans. I have 800+ credit but the debt to income ratios will be over with the new purchase of around 400k.