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myh brother wants to purchase a home for about 200k

He wants to purchase the home i;m renting for 30k as well, he was approved for a 200k loan and wants to know how to buyt his home for about 150 k and the house i am renting  for only 30k 
  • June 17 2013 - Sugaw Creek-Ritch Ave
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Answers (1)

Many lenders will do a mortgage under $50,000. You brother might have to pay cash for the house you are renting or see if the owner is willing to sell it on a land contract.

You brother also might want to speak with his lender to see what programs are available and what is the best way for him to purchase both properties.
  • June 17 2013
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