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21 October 2021 | 4 replies
Usually local banks only, usually conventional unless you have a different kind of business model from strict BRRRR.
7 October 2021 | 9 replies
@Aaron Garbade let me shed some clarity for you...Conventional max financing: 15% down for a 2-unit, 20% down for a 3-4 unitConventional max loan amount in Tampa: 2-unit $702,000, 3-unit $848,500, 4-unit $1,054,500FHA max financing: 3.5% down for 2-4 unitFHA max loan amount in Tampa: 2-unit $456,275, 3-unit $551,500, 4-unit $685,400The max loan limits will be increasing SIGNIFICANTLY for 2022, if you're not in a hurry.Best of luck!
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22 October 2021 | 4 replies
Should I still try to write multiple offers with different types of financing options for a better likelihood of getting under contract or should I just go with full price, 21 day close conventional financing like my Realtor recommends?
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7 October 2021 | 3 replies
It's a bit higher than most conventional loans, but it also doesn't go on your credit report and the loan can go as a LLC for liability protection.
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7 October 2021 | 1 reply
Hey Gabe,You wouldn’t finance it with an LLC with conventional financing.
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7 October 2021 | 2 replies
Most lenders are going to require 20% down on a Jumbo second home. 10% down is allowed on a loan that is within the conventional loan limits.
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11 October 2021 | 5 replies
There isn't any conventional lenders that will do a new mortgage with a forbearance that hasn't been repaid yet.
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7 October 2021 | 1 reply
Because of this estimated payment my debt to income ratio isn’t working out to push the conventional loan through.
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8 October 2021 | 4 replies
Hardwood floors, old wooden staircases.
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7 October 2021 | 4 replies
I'm not sure what property values are in your area, but you may also be able to go the conventional route and put 20% down on a multi-family and not have the requirement of living on one side.