Ray Renault
Trying to buy 1st property. Not sure of starting cost
11 May 2021 | 4 replies
If you are using conventional you will need 20% of that.
Dennis Perry
Moving from SFH to Apartments
17 May 2021 | 18 replies
I have been doing my research I wanted to tap the community about non conventional financing ideas.I am aware I can refinance the houses and use the money as a down payment on the building.
Alex Lesar
First time homebuyer down payment or no down payment?
11 May 2021 | 6 replies
The property will cash flow around $125/month after I move out (conservative estimate)Option B: Conventional Loan with 20% down ($36,000).
Nathan Barshinger
Getting a loan out of state
17 May 2021 | 2 replies
Hey NathanNo, you should be able to use a conventional lender as long as they're licensed in the state where the property is located.Stephanie
Seth M.
Need Help with Financing Options for Auction Purchase
11 May 2021 | 3 replies
I have a conventional pre approval for significantly higher than my max bid and I have completed all of the title and lien searches.
Michelle Verdugo
BRRR - that third R.
12 May 2021 | 5 replies
@Michelle Verdugo If you're looking for a conventional Fannie/Freddie loan then yes they will require you to show a certain DTI % (debt to income).
Julie Mistretta
Newbie!! [Calc Review] Help me analyze this deal
11 May 2021 | 0 replies
I can wrap my head around this if there is a way for my to pull my money back out and do it again, but Im using a conventional loan, this is not really a BRRR strategy.
Junior Jaquet Hernandez
Investing in real estate with an LLC or without one?
16 May 2021 | 18 replies
But if you want to protect your personal assets and not do an LLC, you can obtain umbrella insurance.The cons are higher financing cost compared to conventional.
Joseph Scheidt
Round Lake Beach, IL 6 Unit Multifamily Reposition
12 May 2021 | 3 replies
25% down payment conventional commerical mortgage How did you add value to the deal?
Scott Luetgenau
Back in the saddle - Financing question
12 May 2021 | 1 reply
If your concerned about conventional financing, I would look at some companies that do non-QM loans (non-qualified mortgages) i.e. asset based lenders.