Updated over 3 years ago on . Most recent reply
Hard money to bridge a conventional loan limit?
In the area where I would like to purchase next there is a conventional loan limit of $647,000.
Sellers won’t budge at $759,000.
The property is properly priced.
This would be a primary residence that I can also operate as a str. It also meets and exceeds all of our check boxes.
I can only put 5% down comfortably.
With 5% down and a loan limit of 647,000, I have a discrepancy of $75,000.
How can I make up for this $75,000?
More then likely seller financing will be laughed at