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Updated almost 15 years ago,

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2
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Gary Stanley
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2
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Army Joe needs some help

Gary Stanley
Posted

Help!:)

Im a currently in the Army and am getting ready to make an offer on a fourplex and use my VA Loan- no money down.

However, I have also found a duplex that I think would be an excellent investment.

I would like to go ahead and by 4plex and purchase duplex (they want 66500) for.

What is the process for getting an investor loan? Can I do this while in the process of getting another loan? My problem is that I can only afford 10% down on this property and was wondering if this would be a problem?

Does anybody know of a good mortgage investment broker?

Would it be better to offer something like 6000 down and have owner finance at 7%?

Need any help anyone can provide:)

Thank you everyone!

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