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re: Condo Finance Advice

Posted on 10/24/12 at 3:32 pm to
Posted by CajunTigerBabe
Lafayette
Member since Sep 2012
209 posts
Posted on 10/24/12 at 3:32 pm to
Ummm, we do conventional loans on Condos all the time with as low as 10% down. Have you tried? Is your credit good enough.I wouldn't rule it out unless you have bad credit. What kind of loan does your Dad have on it now?
Posted by drenko50
Lafayette, LA
Member since Feb 2009
1487 posts
Posted on 10/24/12 at 4:33 pm to
Cajun Tiger, what lender are you with? I am currently owner financing six condos, and they will all need to refinance in the next year or two to pay me off. I would like to send them your way.
Posted by bryso
Member since Dec 2006
27130 posts
Posted on 10/24/12 at 4:57 pm to
quote:

we do conventional loans on Condos all the time with as low as 10% down


are they FHA approved developments?

quote:

Is your credit good enough

no idea... the only research i have done into my credit score is a transunion free trial... it gave me a number of 880 no idea how that relates to a real credit score.

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