We have traditional financing on both houses, so I need to contact our mortgage company as well?

Thank you All - it's more of a traditional deal ie. going the route of a typical investment that will cashflow just a little in our market (MA) with 25% down - for us it appears to be a good long term investment if we had the 25%.This particular one doesn't need rehab so no BRRR strategy here.I'm curious if there are any other strategies that could be used to paying back a private money / hard money lender after say 6 months with this type of scenario? 

I was thinking of using a hard money loan for the purchase and rehab of the building and converting to a traditional loan after as I would like to hold the building.1) Is this even possible?

I don't have any capital built up so I can't get it with cash or a traditional loan on my own.

, so, why does reaching the end of your contract dictate a Traditional IRA to Roth conversion?

Hello all, I'm curious, as a first time investor, is it wise to look for a deal through a wholesaler or through traditional means ( via realtor).

If your first home is not FHA, pull the equity in a HELOC...don't know if there is enough to cover the duplex...but you might be able to leverage private money and move away from a traditional lender...you can always re-fi later...

I have yet to purchase a unit but have found several I'm interested in but since getting brought on by a new company I haven't put in the 2 years for traditional bank financing.

I really admire the discipline for wanting to pay the loans off quickly, but fortunately you have the flexibility to do that with traditional home mortgages which typically don't have a prepay penalty.So, I've done 30-year loans on all my rental properties.  

I am a wholesaler/flipper in general...so on wholesale side I get paid by assignment fee. But how can you get paid legally if you have investor buying a property if they use conventional loan. I don't think you can do...