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.
Stacie Telles
Refinance on Investment Property
21 January 2025 | 2 replies
@Stacie Telles Assuming you took out a conventional mortgage on the property you won't be able to refinance for at least 12 months.
Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
@Summer Shelton, FHA allows you to use rental income and so does Fannie Mae/Conventional loans.
Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
Also for conventional financing, the DP can't be borrowed.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
Your goal is to plant the idea in their mind and create a situation where selling to you feels like the easiest and most logical solution for them.If you haven’t already, the first step is to get pre-approved for a mortgage so you know what you could afford if you were to purchase the property conventionally.
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
Two separate property appraisers (at the direction of the lender) were sent out to appraise, and neither was willing to appraise it as a "residence", and thus financing fell through (conventional primary loan).
Dominic Diguglielmo
Very short sale.
16 January 2025 | 1 reply
Conventional How did you add value to the deal?
Jeffrey Robison
Licensed PA and TX Lender
18 January 2025 | 5 replies
On the consumer side with QM I can handle conventional, FHA, VA, and USDA.
Evan Coopersmith
Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
My professional background is data science / analytics, which means analyzing cash flows will probably come more naturally than building relationships, which apparently, is how one finds deals worth making.Are there meetups in these areas I should attend (digitally at first, presumably)?
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
Conventional (only Freddie Mac See Section 5102.4 of Freddie Selling guide).