John Friendas
Cheapest Funding for No Electric Property
10 January 2025 | 4 replies
And how do I roll this into a cheaper mortgage (my dti would be too bad for another conventional).Maybe a lender would be able to consider the electric "working" with the proper inspection?
Matthew Posteraro
Conservative Scaling for House Hacking
20 January 2025 | 9 replies
I see little benefit in the FHA as an option as long as the 5% conventional loans are available now.
Rohit Raturi
Advice Needed: Buy Property under LLC or buy under personal and then move to LLC
20 January 2025 | 5 replies
For investments, you'll likely want a conventional loan for commercial properties.
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
For Conventional, you can only use 75% of the gross rent until you have Sched E history for the rental for a net rental income analysis.
Donald Hatter
Larger Single Family Home in growing master planned community
14 January 2025 | 3 replies
Conventional Financing How did you add value to the deal?
Michael Moya
Advice Needed: Loan Options for SFH under $120K
8 January 2025 | 5 replies
I do not have a traditional W2 job so I can't pursue the typical conventional loan or a FHA since I don't have income (hence the DSCR route).However, I've seen that most DSCR lenders do not lend if the loan amount is less than $100K.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.
Matthew Morris
Dad's NC House is Slowly Rotting - Likely Need to sell As-Is!
7 January 2025 | 6 replies
Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?
Ilina Shrestha
First time investor- lost & confused
17 January 2025 | 5 replies
If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.
Jose Mejia
refinancing a property from hard money lender
19 January 2025 | 15 replies
To use conventional financing, you'll need to have owned the property for at least 12 months and you'd need to close in your name.