Jennifer Cook-DeRosa
Do you report to credit bureaus? (RentReady)
1 December 2024 | 1 reply
I believe, off the top of my head, it's single digits of rents actually have rent reported to bureaus.
Joshua Mitchell
What are NYC construction costs looking like in 2024? (per-square-foot)
6 December 2024 | 2 replies
You are correct, that this has long been the conventional figure used to estimate cost for buildable sf in NYC.
Jared Jennings
1) Wy fourplex
5 December 2024 | 0 replies
It’s given me the opportunity to save and prepare for my next upcoming purchase.I’ve gotten the units from $750x2 and $800x2 to a consistent $900. current mortgage is $2500 monthly, refinancing to a conventional and removing mortgage insurance should bring me to $2100.
Melissa Odom
DCSR, LLC, and Trusts
3 December 2024 | 15 replies
Doing a conventional loan for each property is out of the question due to my debt-to-income ratio.
Mike Tikh
How to choose a location from the US?
2 December 2024 | 35 replies
If you can find smaller local banks in the market you pick they may have more unique products that they keep on their balance sheet or try and do the 5% down conventional on a 4-unit FHA's self-sufficiency test applies to both 3 and 4-unit properties.
Renee Coss
Should I convert my garage into ADU for a Short Term Rental?
11 December 2024 | 14 replies
9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
15 December 2024 | 13 replies
I cannot qualify for traditional conventional for multiple reasons but the over 200 to 1 debt to income ratio is a primary reason.
Trent Gulino
Using a heloc to brrrr
9 December 2024 | 8 replies
Conventional loans jumped to 12 months seasoning about a year ago.
Shawn Callan
How am I supposed to buy a 2nd house!
4 December 2024 | 17 replies
This is based off of the conventional loan limit where you are buying.
Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
@Mike Klarman have you had issues with getting a conventional loan under an LLC?