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Updated over 4 years ago on . Most recent reply
Lending Help North Idaho
Currently in a career change becoming an agent. I have equity in my primary residence from renovations last year. I can't pull out any capital due to needing a history of 1-2 years to qualify me. Any other options? I've been trying to buy with financing. I don't know much about hard money, but I have a multi-family deal and I'd like to proceed. 100% LTV would be roughly 50k to play with. I still have my VA loan but I don't really want to move yet and was planning conventional. Primary Residence was secured with an FHA.
Most Popular Reply
@Jacob Stewart - and the reason why the seller is selling? Is it owner occupied? Is the multifamily just an investment property for him/her? What are they going to do when they sell? They are okay with the capital gains tax?
Digging to find out the motivation to tailor the deal to his needs.