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Updated almost 3 years ago,
I qualify for the loans, The fixer uppers will not.....
I'm trying to buy fixer upper multifamilies (1-4 units) that have room for equity growth and cashflow.
Trying to use conventional financing. (not hardline).
I have enough Money to do 20% down + renovation costs.
Lenders keep telling me, "the banks don't like the condition of the property"
What can I do to get financing? My finances (DTI) are not the problem, I have the money for downpayment and renovations......