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24 August 2024 | 10 replies
Need to find a good hard money lender to help fund the acquisition and rehab for the property.Are we squared away financially to refi out of the hard money loan using conventional financing?
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23 August 2024 | 0 replies
Conventional Loan How did you add value to the deal?
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23 August 2024 | 4 replies
Hi Joel, if a conventional refinance is not an option there may be a less than 1.00 ratio DSCR product that would work.
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26 August 2024 | 17 replies
Unfortunately, it is not too uncommon whether with a DSCR loan or a conventional mortgage.
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23 August 2024 | 13 replies
Purchase price: $98,000 Cash invested: $15,000 I purchased a duplex in Milwaukee as my first rental property, utilizing a conventional loan with an 8% fixed interest rate.
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23 August 2024 | 4 replies
The difficulty here is that conventional lenders will not allow you to purchase a primary residence as a LLC, so that strategy usually only works when you purchase investment properties
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23 August 2024 | 2 replies
We might be more willing to finance projects that banks consider too risky, such as fixer-uppers or properties in less conventional markets.
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22 August 2024 | 2 replies
Do they just build up enough equity to refinance into a conventional loan in 1 yr?
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23 August 2024 | 7 replies
I househacked a 3 family with a 5% down conventional product or a 3.5% FHA loan, improved the property, lived there a year and HELOC'd it before I went onto my next house hack.
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22 August 2024 | 10 replies
Hi y'all, we are buying a 4 unit investment in Chicago for 430k, conventional loan with 30% down.