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Updated about 5 years ago,
Is mortgage for a househacking obtainable with low credit?
Hi, I am looking to get started in RE, specificaly by househacking or a buy & hold strategy. However, i don't have a lot of funds saved and my credit is a work in progress. Is it advisable and even possible for me to obtain a conventional mortgage if I have less than stellar credit? Is there another way to go about this, are there other financing options?
Also are you required to disclose that you are purchasing investment property to the bank or seller when buying a property?