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Reply to "Is it possible for me to buy this house?"
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[quote=Anonymous]No opinion on whether you should. But, yes you can. One way: sell your current house or make the new purchase contingent on the sale of the old one. You can get an fha loan for as little as 3.5% down, macimum loan amount $729,500. When everything settled you'd actually have more liquid sacings than you do now. Another way: if you have 30% equity in your current house and if will rent cash flow positive, you should be able to qualify without selling your current place. Another way: a bridge loan when you buy so as to enable you to put less down. (Try eagle bank or first savings mortgage locally) [/quote]
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