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Updated over 10 years ago on . Most recent reply

Greg C.'s profile image
Greg C.'s profile image
Greg C.
  • Investor
  • from Castle Rock, Colorado
  • Member since Sep 13, 2015

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Greg C.'s profile image
Greg C.'s profile image
Greg C.
  • Investor
  • from Castle Rock, Colorado
  • Member since Sep 13, 2015
Greg C.
  • Investor
  • Castle Rock, CO
0
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Fix & Flip Financing

Greg C.
  • Investor
  • Castle Rock, CO
Posted

Have a question about a fix and flip

The home I am looking at was bought for $375k and flipped and I am now purchasing for $603k

I am looking for financing on a jumbo 30 year conventional (no ARM!) with 10% down and no PMI. Is it possible to do this with no PMI? If so, does anyone have rates under 5% without paying discount points?

Am I asking for the impossible because of the fix and flip status?

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