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21 November 2024 | 16 replies
This way you're able to utilize conventional loans, each of you are allowed 10 of those.
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16 November 2024 | 3 replies
My condo is an HOA that is suddenly non-warrantable for conventional financing.
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22 November 2024 | 4 replies
If I am in your shoes I would buy 2-4 units, get a conventional loan, ask the sellers to pay for the max contribution (3%) towards closing costs.
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22 November 2024 | 8 replies
The loan info (hard money for acquisition; conventional for refi) is from actual conversations or emails with lenders.
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23 November 2024 | 9 replies
@Brandon MorganTo buy your second property sooner, consider conventional loans with a 5-20% down payment, house hacking with an ADU, Home Equity Line of Credit, or cash-out refinance.
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22 November 2024 | 2 replies
I would suggest you talk to a mortgage broker or a bank though - if those homes are zoned commercial you will probably have a hard time getting an FHA or low down Conventional mortgage.
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23 November 2024 | 6 replies
Conventional financing would be difficult as they typically require 12 months seasoning to use the newly appraised value.
22 November 2024 | 2 replies
My real estate agent thinks he's nuts, but she has more experience with conventional loans than DSCR.
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21 November 2024 | 0 replies
Hi BiggerPockets Community,I’m heading to The National Due Diligence Convention in Houston this weekend.
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23 November 2024 | 1 reply
* We purchased with conventional financing using 5% down.* We financed all rehab using 0% credit cards.How did you add value to the deal?