Updated over 5 years ago on . Most recent reply
Buying 2 houses that are deeded together?
I have been renting one of my parents rentals on a property with 2 homes. They bought them with cash so didn't have this issue. They have offered to let me buy it but I'm not sure if I can. The property lines show 2 different lots but they say they are deeded together. I didn't even know that was possible. Is it possible to buy 2 houses like this on one loan for 3.5% down? Or would I have to buy them separately and put 20-25% down on the rental? The houses are in decent shape so I am pretty positive it will appraise for what they are asking easily and probably leave equity in the deal just curious if it's even possible to buy like this.