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So has anyone actually gotten a bank to give you 100% of the money for a house? I am specifically asking about 100% financing on a second house, an investment property if you will, but we would be living in one of the units of the new property.
We would rent out our first home (we put down 20% and can cover the mortgage and taxes with the rental income) and fix up the second property over time. We have cash for the closing costs but no money left for the downpayment. Is this possible and has anyone dealt with a lender for this, who isn’t a loan shark?
Thanks .