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Updated over 7 years ago, 03/29/2017
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My first rental property's loan is guaranteed by the federal government (VA). They don't know I'm not residing in it of course. I have a second property I'd like to make an offer on, but am unsure as to my financing options given my circumstances. The only loan-type that comes to mind is "conventional" or "HELOC". If conventional is my only option going forward, what can I expect to pay in up front costs (10%, 15%, or 20%)? Need some advice in a bad way.