
4 August 2024 | 1 reply
I have ALSO heard its not about timing the market rather time IN the market, so this is where a SFH could potentially be "easier" to find.Im constantly in a headspace where I tell myself I have to get really creative to finance a MFH or come in with a 5% conventional loan and fixing a MFH to force appreciation although cash flow may not be there the first year or two.

5 August 2024 | 12 replies
I want to dump all my capital into a lucrative foreclosure property where on closing I will own it 100% and then immediately have a cash-out refinance the same day to extract some of my capital back out.Not with conventional financing.

4 August 2024 | 1 reply
I have ALSO heard its not about timing the market rather time IN the market, so this is where a SFH could potentially be "easier" to find.Im constantly in a headspace where I tell myself I have to get really creative to finance a MFH or come in with a 5% conventional loan and fixing a MFH to force appreciation although cash flow may not be there the first year or two.

4 August 2024 | 4 replies
A conventional route would be about $3800 a month vs a $2400 Month.Also would it be possible to do seller financing until the loan assumption happens, or if the assumption falls through, how could i refinance the home to be the conventional that I am already approved for at the number I bought it down. 560k off market when home is probably 580-600 Comps but seller owes 380k. so Thank you all for your time and help.

5 August 2024 | 6 replies
SFH are valued based on comps and the income they generate is totally irrelevant to conventional lenders.

5 August 2024 | 13 replies
Most conventional investment property loans, which offer lower interest rates and 30-year amortization, require the property to be in your personal name.As a result, many investors initially secure the loan in their personal name and then transfer the property into an LLC.

4 August 2024 | 7 replies
House hack with a conventional loan in your own market.

3 August 2024 | 19 replies
Conventional, 7.375%, 1.249pts, 25% DP, no prepayment penalty period - 6.45% CoC ($43K savings over 30yrs)3.
3 August 2024 | 13 replies
The rates will be higher than FHA or conventional financing.

31 July 2024 | 3 replies
Curious exactly how does DTI come into play when buying a non owner occupied investment property with conventional mortgages.