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26 April 2019 | 1 reply
My credit score is over 780 so I feel a 3% down conventional would be ideal, and within one to two years, have the HELOC on my condo (when I mention HELOC, it's the one on my condo)paid off and actually put down 20%-30% for an actual rental property.More experienced real estate moguls, what would you do to speed things along so I could buy another property sooner rather than later?
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13 May 2019 | 16 replies
I would watch out for places where there is loads of new inventory.
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4 June 2019 | 13 replies
The rates are not really that much higher than conventional financing for investment purposes, although they are a bit higher than they would be for an owner occupant.
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26 April 2019 | 2 replies
Conventional loan through MB financial bank.
27 April 2019 | 3 replies
I closed on the duplex last July with a vacant upstairs unit that I completely remodeled myself along with doing two roofs and a 600 sq ft wrap around porch that set me back about 20k on top of the conventional investment down payment.
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11 May 2021 | 19 replies
This is in regards to conventional loans.Thanks!
26 April 2019 | 0 replies
Conventional Mortgage How did you add value to the deal?
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26 April 2019 | 2 replies
So, would you say keep it simple and just give it time to find a good deal through conventional methods, or start with more advanced strategies that I have yet to become totally familiar with.
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13 May 2019 | 7 replies
But, there's not too much multifamily inventory in our area.
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30 April 2019 | 9 replies
I might move my growing family in to this next one and just work on paying down a conventional loan until it can cash flow in to a rental prop but that is going to take time.