Only debt I have is cc (5k), car loan(abt 4k left).

My guess is, based on the discretion you offered, you're probably looking at a commercial loan product.

Why do I see some independent mortgage loan officers submit borrower's application directly to lender without going thru their employer/broker's loan processing?

Option 2- Flip & SellCost of Repairs: $35,000 (There's a large unfinished basement, if I flip the home I would finish the basement)After Repair Value: $125,000Take Home After Loan Payoff: $44,000Other Benefits: Most profit, would allow me to be invest in my first flip local in Phoenix.Cons: This option would have the Most amount of stress, will require travel and stress.

Remember only 25% of those interested in buying a home can qualify for a bank loan.

Now is the perfect time to switch from an SBA loan to a Commercial Loan with rates as low as 8.5%!

I used a conventional loan, using my own money, paying 35% down.

Please suggest what kind of a loan i am eligible for.

But does the loan taken out on the CA home also have to be greater than $260k (loan on the WA house)?

We are planning on utilizing his VA loan to purchase the new home and I will not be on the loan.