Brandon C Abney
House Hacking Question - Loan Types and Legal Entities
20 October 2020 | 2 replies
My suggestion would be to find some deals, draw out the various scenarios such as 20% down owner occupied with no PMI, 3.5% down FHA with PMI, or 5% down conventional first time home buyer.
Cameron Litton
Refinance Home to Pay Off Commercial Mortgage
20 October 2020 | 1 reply
Cameron,If you have the equity and you can offset your interest payment from the commercial loan by using a conventional loan.
Tyler Sager
First deal! Turnkey house hack
21 October 2020 | 3 replies
Purchase price: $527,500 Cash invested: $115,500 Purchased a house hack with the help of my parents. 20% down conventional 30 year fixed at 2.99%.
Michael Myers
No Due on Sale for Fannie Loans to LLC?
21 October 2020 | 8 replies
There are a number of other threads discussing the level of risk involved when transferring ownership of property financed under a conventional loan from an individual to an LLC, with a wide variety of opinions on the due on sale issue.
Austin Spitzenberger
Texas - First Time Home Buyer Assistance
22 October 2020 | 5 replies
I have qualified for both 3.5% FHA and 5% conventional.
Austin Spitzenberger
FHA 3.5% or Conventional 5%
25 October 2020 | 4 replies
I have qualified for both 3.5% FHA and 5% conventional.
Brian Poirrier
Just Closed Quad With 6.78 GRM in Shandon!
21 October 2020 | 1 reply
Conventional investment lending at 25% down.
Arturo Pena Miranda
Maximizing Appraisal Value of Home Via House Hack
22 October 2020 | 5 replies
We used conventional, 3% down payment loan.
Snehann Kapnadak
Good time to buy an apartment in DC/Northern VA?
16 March 2021 | 18 replies
FHA or conventional?
Derek Kockler
Crowdsourcing creative deal ideas for atypical partnership
22 October 2020 | 4 replies
Let's call it 60% done but a LOOONNGGG way before this property could qualify for a conventional and conforming loan.