David Ruiz
Am I allowing emotions to affect my decision?
19 April 2021 | 7 replies
As a long-term rental it's going to be even more work.In my experience, the more your property is "conforming" from day 1, the more money you make, ie.
Justin Williams
New City Law Requires Changes to Leases/Late Fees
14 April 2021 | 6 replies
Don't think it's necessarily a big deal, just saying leases will need to be updated to be conforming to the City Code.
Jaimie Abert
Refinancing hard money loans
16 April 2021 | 9 replies
So, after you finish the rehab you refi into a conforming loan.Correct, without W2 income it will be harder to qualify for a loan.
Ryan Monty
Illegal vs. non-conforming unit: differences in uses & Airbnb?
4 May 2021 | 8 replies
What about non-conforming?
Christopher Cowell
Should I pull equity out before putting my property into an LLC?
30 May 2021 | 3 replies
Legal entities, such as a LLC, are not eligible for conforming residential loans.
Brian M.
Debt To Income Limitations
22 April 2021 | 7 replies
.- The alternative to your DTI issue, would be a DSCR (Debt service) Income qualifying loan, which would be through a Private Lender as opposed to your traditional bank/ Conforming lenders.
Brenden M.
Three-unit zoned as a single family - can I finance as a SFH?
22 April 2021 | 13 replies
The lender has an underwriter who needs to make sure the loan conforms strictly to the guidelines for the type of loan you are being given so they can resell it on the secondary market.
Dave Peterson
Pool resurfacing at rental
26 April 2021 | 4 replies
DMSH is just a book conformity election.
Aaron Butler
Cash Out Refinancing Requirements
27 April 2021 | 7 replies
So if you are not using a conventional, conforming, Fannie/Freddie loan then please let me know.
Tieneasha Bastian
Understanding the process
23 April 2021 | 4 replies
With the property owned as an LLC you can't get conventional conforming Fannie/Freddie loans.