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Updated almost 9 years ago,
Looking for creative savvy REI friendly mortgage broker
Hey looking for a mortgage broker who knows the deal when it comes to REI, creative financing, the work arounds on how to avoid the traditional 20-25% down and any other loop holes there may be out there.
I'm trying to get my second home I currently live in a small 2 fam, I plan on upgrading to a larger two family now that the kids have outgrown sharing a room. I know i should be able to get a 2nd FHA loan under this condition but what happens to the 1st home (any penalties?) and how will i get myself into the 3rd property which i plan on obtaining shortly after, can i keep upgrading and keep the older properties at the same time, when does that plan run out? I'm just clueless when it comes to getting creative i need a guy or gal who knows the ropes and is willing to help my situation. Please Refer!