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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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22 August 2024 | 10 replies
Hi y'all, we are buying a 4 unit investment in Chicago for 430k, conventional loan with 30% down.
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22 August 2024 | 6 replies
The renovation is not going to increase your value that much and the inventory list is growing by the day.
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23 August 2024 | 10 replies
1) you have to live in peroperty to use VA loan or even a FHA or even a low down payment conventional loan ...underwriters / lenders will need to have a make sense file / reason to approve this as they are aware of the high amount ofoccupnacy fraud thats happened recently 2) managing your first property as a 4 plex from 3 hours away sounds like a recipe fro a headache/ problem
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23 August 2024 | 12 replies
We also offer unlimited tech support to all of our customers and have several warehouses with a lot of inventory that allow us to do 1-2 day delivery in a lot of cases.
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22 August 2024 | 0 replies
Conventional financing with 25% down.
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21 August 2024 | 10 replies
Make sure you underwrite the deal conservatively as well, inventory has been creeping up here in the wasatch front.
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22 August 2024 | 53 replies
But that also complicate things as you wouldn't be able to get a conventional loan.It seems like you'll be investing long-distance.If you haven't read "Long-Distance Real Estate Investing" by David Greene, I would highly recommend it.