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Private Lending & Conventional Mortgage Advice

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Aaron T.
Pro Member
  • Developer
  • Aguada, PR
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878
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need to finance with VA loan on 4unit at $775 -help

Aaron T.
Pro Member
  • Developer
  • Aguada, PR
Posted Aug 16 2017, 13:06

Looking to find financing on a deal.

I found a 4unit building for $775k. I would like to use a VA loan on the property with zero down. I am having a hard time locally getting anyone to fund it.

I was told most lenders will not fund that amount as a VA loan, because they cant sell it on the second market.

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