25 April 2024 | 0 replies
Let’s break down these processes step by step for clarity.Part 1: Forms 1098 from Private Lenders to InvestorsForms 1098 from Conventional Mortgage Lenders: Traditional mortgage lenders provide Form 1098, detailing the interest paid on mortgages.

26 April 2024 | 40 replies
Craig , if you have money saved try a conventional loan ,20% down or if you have equity in your house , try a cash out loan , either way you can have cash to get started , then do alot of research in your area , rents , comps on house for sale , contractors , rehab costs , good luck !

25 April 2024 | 7 replies
I’d recommend looking for a good deal on a smaller property with less units that you can get either conventional financing on or a DSCR loan.

25 April 2024 | 7 replies
You can actually only put down 15% on a conventional loan to but an investment property but buying/selling to LLC does not get you anywhere or change anything.

24 April 2024 | 4 replies
30 year fixed loan on a 10 percent conventional loan.

24 April 2024 | 3 replies
But with mixed use your loan options are mostly limited to conventional.
24 April 2024 | 5 replies
Asking is $200K, my relative (buyer) looking to put 20% down.He is pre-approved for the amount, lender has prepared both a conventional loan and a mass housing loan option for first time buyers.Would be purchasing as an owner occupied "primary residence", rates are decent under both options.Condo is currently rented, tenant lease expires the end of August - roughly 4 months.Lender says both loan programs require buyer to occupy the unit within 60 days, to qualify for first time buyer deals.Is there a way to get them to extend this to 120 days (4 months) until the tenant lease is up?

26 April 2024 | 21 replies
Where you really make your money is refinancing into a conventional when it makes sense.

24 April 2024 | 2 replies
I am aiming for a home between 150-250k, which i can afford if all hell breaks loose, at a 5% conventional 30 year term loan (unless a lender or someone else can suggest me a better loan) My question is what are the minimum requirements for obtaining such a home (capital wise, credit score wise, salary wise) Who can i specifically talk to for these numbers and help me understand tenant demand, areas, and more specific information about my market?