"fixer upper" loans for investment propertyAre there any loan options available for properties that need renovations if it is for an investment property? I spoke with a mortgage broker who said those types of loans are only available for owner occupy sales.I more than qualify for a regular loan and have a good sized down payment.I currently own a home with a regular mortgage and so far the only option I've found is to take a line of credit on my current house so I can close with cash.The only issue with that is depending on the purchase price of the house, I would need a loan after the closing for some of the repairs.June 10 2010 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.