I'm trying to set a deadline and goal for myself. I'm trying to buy a Bank-Owned Property, but my Real Estate Agent is saying that I CAN'T get a bank to 100% finance the property if it's an Investment Property. IS THIS TRUE? Is it because I'm not using the correct loan for my choice for this property. FYI: I didn't mention VA because I'm using that loan option for my my property to live in.
Please, I need feedback rather quickly. I'm sitting down with my RE Agent and I want to know if she's just lying because she sees no comission going her way or if it's do to other reasons. I'm located in Honolulu County of Hawaii by the way.