For the other properties, consider conventional loans with 10%-15% down to conserve capital.2.

These agents have access to a large inventory of bank-owned properties and can provide valuable insights into the local market.If you follow these steps, you'll be well on your way to successfully fixing and flipping REO properties.

Please feel free to connect and we can set up a time to talk further and get you our off market inventory of New Construction investment properties, in multiple markets.Best of luck

We don’t collect for taxes or insurance premiums at closing, because we don’t allow those to be escrowed on the program, which can ‘lighten’ the up-front expense, compared to conventional mortgages. 

Question 2: Will conventional lenders do a rate and term on one loan if he has a second position on the house? 

I have learned a ton on these forums though I’m posting for the first time.what does not get mentioned enough is that if you want to scale slowly using low money down FHA/conventional loan approach and live in there for 1 year, at a time, you should not write off all the rental income on your most recent tax returns for the existing rental properties.

Since this can be treated as 7 different properties, can I get a conventional loan or will this still require a commercial loan?

This is the job that would support a conventional loan.

Hi Gregory,Exceeding your DTI ratio can make it difficult to qualify for a conventional loan, but if you haven't considered DSCR loans, they could be a great alternative.

Inventory has held steady around 5-6 months for some time now, with roughly 11% more active listings on the market last month compared to September 2023.