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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage Advice4plex - How to finance without VA or FHA?
Andrew K.'s profile image
Andrew K.'s profile image
Andrew K.
  • from Yorktown, VA
  • Member since Jul 29, 2016
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Andrew K.'s profile image
Andrew K.'s profile image
Andrew K.
  • from Yorktown, VA
  • Member since Jul 29, 2016
Connect
Andrew K.
  • Yorktown, VA
3
Votes |
22
Posts
Private Lending & Conventional Mortgage Advice

4plex - How to finance without VA or FHA?

Andrew K.
  • Yorktown, VA
Posted Jan 31 2018, 16:25

Hello everyone!

Just moved into Virginia after my 5 year tour with the air force overseas and found a property with 2 houses on it both built in 1966 & both being duplexs for 185,000 total. Sadly all the units are filled with 1yr & 2yr leases and locks me out from being able to use my VA or FHA loans.

Currently I am looking for strategies that will help me obtain enough capital to afford the 20% down to take over the current loan and get my feet started in RE. Any and all advice is welcome!

Thanks in advance!

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