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All Forum Posts by: Kevin Akers

Kevin Akers has started 6 posts and replied 36 times.

Private Lending & Conventional Mortgage Advice

Post: Conventional loan for duplex

Kevin AkersPosted
  • Realtor
  • Tulsa, OK
  • Posts 36
  • Votes 2

@Jonathan Taylor

Thank you so much for taking the time to clarify.

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Conventional loan for duplex

Kevin AkersPosted
  • Realtor
  • Tulsa, OK
  • Posts 36
  • Votes 2

@Nick Riccio Awesome! Thank you so much

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Conventional loan for duplex

Kevin AkersPosted
  • Realtor
  • Tulsa, OK
  • Posts 36
  • Votes 2

@Nick Riccio I am planning on living there for a couple years

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Conventional loan for duplex

Kevin AkersPosted
  • Realtor
  • Tulsa, OK
  • Posts 36
  • Votes 2

@Upen Patel Thank you do much for your reply.

Please correct me if I am wrong, but I was under the impression that you cannot buy an investment property under FHA? I have heard that the bank can pull the note on you if they find out you are renting out the property?

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Conventional loan for duplex

Kevin AkersPosted
  • Realtor
  • Tulsa, OK
  • Posts 36
  • Votes 2

@Jake Roland Hi Jake. Thank you so much for your response. I do plan on living in it and house hack for a bit. The lenders I talked to so far are wanting 15-20% down. I will keep looking around. Thank you sir

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Conventional loan for duplex

Kevin AkersPosted
  • Realtor
  • Tulsa, OK
  • Posts 36
  • Votes 2

Is it possible to get a conventional loan for a duplex? I am looking into buying one, but the lender is wanting 20% down because it is viewed as an investment property. I thought I heard you can get a conventional loan for a duplex?

0 Votes