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Updated over 8 years ago on . Most recent reply

User Stats

9
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1
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Jose Garcia
  • Monrovia, MD
1
Votes |
9
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Purchasing Investment Properties while waiting to close mortgage

Jose Garcia
  • Monrovia, MD
Posted

Hi All,

My wife and I are building our personal property which should be closing by the end of February beginning of March.  Currently we are running a direct mail campaign to wholesale what we put under contract.  However we would really like to get a deal under our belts for buy and hold.  We are concern with doing anything that will affect getting our own mortgage since we had to put down 5% of total purchase price for construction.  Are there any ways to purchase properties without it affecting our own mortgage?  Thanks,

Jose

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