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7 September 2021 | 10 replies
Low credit and cannot get conventional financing. 2.
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12 September 2021 | 8 replies
@Boris Lee - Your first hurdle will be financing. 30 year fixed conventional loans are not available if you use an entity.
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11 September 2021 | 14 replies
If you're looking for anonymity, hard money, syndications, or have used up all your conventional loans available, move to LLC. 3.
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14 September 2021 | 11 replies
@Joe Wodaege 5% used to exist for an owner occupied conventional duplex but stopped a few months ago.
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11 September 2021 | 4 replies
So, ideally that would be a cash-out refinance of your personal home to the highest LTV you can get on a conventional loan and then moving to a home that has an investment play associated with it (a house-hack or something else).
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8 September 2021 | 18 replies
To be frank, I've never known anyone to get a conventional mortgage on a 30K house but I'm pretty sure it is about the same as a big mortgage.
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10 February 2022 | 2 replies
Richard,You can buy the home using conventional financing as an investment as long as the property does not have any major damage.
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6 September 2021 | 2 replies
Hey all,I'm just getting started with out-of-state real estate investing and I'm curious about which style of loan to look for.Do I stick to a conventional loan while I'm learning or go straight for the more "investor-friendly" loans such as "Fix to Rent", "Stable Bridge", "Multifamily Value Add". etc.I am focusing on small multifamily properties (2-4 units), but I am also taking a look at some single family properties as well.An additional question would be whether I speak with national lenders like BiggerPockets partner lenders or focus on lenders in the area I'd like to purchase (San Antonio).
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11 September 2021 | 3 replies
At this point, I don't know if I should continue looking or go for a conventional loan and buy a cheap SFH live there for a year, move out and rent it, but that would mean that I have to pay the mortgage for a whole year and that would prevent me from saving as much as possible for the next investment.Basically, my plan is to create a new source of additional income and I believe real estate is a good way to achieve that.
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9 September 2021 | 8 replies
An institution, whether you are using "conventional" or "portfolio" style of money should have better terms and MORE money for you than any private lenders.