Eric Sato
Just moved back to USA - what comes first (STR or my own personal residence)
22 August 2024 | 10 replies
Hi Eric, You're right it would depend on your debt to income ratio, but buying 1 investment property shouldn't affect your ability to get a second conventional mortgage in this timeframe.
Keith Cuddeback
Is it possible to find out a seller's mortgage balance?
23 August 2024 | 22 replies
Then you run it both as an FHA with 3% or conventional as a 20% to get a rounded number so that generally it's between the two.
Andrew Postell
How To: Cash out 1-4 unit Property
20 August 2024 | 452 replies
The Conventional Rules For a Cash Out LoanFannie Mae and Freddie Mac are the Government Agencies that sponsor conventional lending.
Olga Daisel
Discount me the sales price please
20 August 2024 | 14 replies
The conventional mortgage lender sent an appraiser who realized that there is an issue.
Jon Roberts
First STR Investment - Branson, MO
21 August 2024 | 8 replies
Most condos that are zoned for STRs in the Branson market are primarily owned by investors or are condotels, so they aren't warrantable and therefore aren't eligible for conventional loans.
Thomas Sehon
Private lender vs bank for fha first property
20 August 2024 | 7 replies
We are considering sun west mortgage but open to other suggestions.3% down with Conventional is possible in some scenarios.
Ian Bruesehoff
Leasehold till 2050, worth it? (2B2B) (300ishk$)
21 August 2024 | 8 replies
Check in with @Joseph Chiofalo though..they have a few investors that provide lending on lease holds and/or work with foreign investors nationwide for conventional title.
Angela Holm
Concidering my first investment property. (and it is out of state)
21 August 2024 | 10 replies
Financing options include conventional, FHA, private, and hard money loans.
Sam Chan
When to refinance?
20 August 2024 | 8 replies
TIA Hey Sam, Are you pricing this out on a conventional loan?
Anna Stohlmann
Getting approved for a mortgage
20 August 2024 | 4 replies
Rates tend to be higher, since these aren't "conventional" loans that are going to be bought by Fannie or Freddie.