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Updated over 9 years ago on . Most recent reply

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62
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Mike Chubb
  • River Grove, IL
0
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62
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Want to buy a second home

Mike Chubb
  • River Grove, IL
Posted

hi guys and gals I have a question my father wants to buy a home for my sister he already has a mortgage with the VA he's a Vietnam vet he doesn't have extra cash on hand he does make very good money 120k a year and he's just started getting s.s. benefits at 1400 a month the home he wants is 125k and the seller is taking off 12k because we know them and it needs a roof and other cosmetic fixes so selling price is 113k my sister wants to do more rehab and give it an open floor plan so about 50k what loans will give us the purchase price plus rehab?

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