Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
Can I use private money?
Hello all,
I have been using my VA loan to "house hack" each duty station I have been in and have two current VA loans with one scheduled to close on my selling on the 14th of December.
I am trying to place an offer on a new property and have hit a snag. The new county I am moving too has a lower limit and will not allow me to purchase the property with a significant down payment.
I am looking for a 30k loan to put towards closing and down payment of a live in flip I am attempting to purchase. I am maxed out on my va entitlement and need to put 25% of the difference down on this property in order to fall within VA guidelines. Thank you for your time!
The house is a 4/3 1850(est)SF in Vacaville, CA 95688.
I have been pre-approved through a conventional lender for the loan.