Asked by Craig Fauver, McLean, VA • Mon Oct 31, 2011
Property sought is a 1/1 in DC, condominium for $280,000 with mixed use C2A zoning, one entity owns large portion of building (Spain). Can anyone do a portfolio loan on this? Well qualified buyers, biggest stumbling block is they own 6 rental properties (all for 2 years, many with substantial equity).
Can anyone do a HELOC on a property in California or Oklahoma that is a rental?
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