Subto on conventional loans?

Conventional, FHA, and USDA all have products with very low downpayment options and government-subsidized rates for first time homebuyers who have a normal income.

Conventional lender asked us to add a stove and put doors on the cabinets…we argued that we didn’t own the house.

The one I owner occupy I am looking to Refiance out of the 6.75% rate I have currently in the future.I know conventional lenders require a W2 income to refinance.

The principals have also been involved in syndicating over $1 billion in industrial real estate as well as Senior Housing and has been in the Financial Services industry since 2001. 1031 Crowdfunding has the largest inventory of DST’s in the country.Inland,Passco are good sponsors and great people.

You can still find a place that will do 15% cash on cash if you are patient.The real opportunity now is if you have the guts and budget to take on projects in the older inventory of homes here. 

They are having their convention in DC this weekend and hope to hear back next week.

This way, it saves time for everyone and keeps expectations clear.That said, I understand the frustration others are expressing, especially around proof-of-funds requirements for more conventionally priced properties—those under $750K, for instance.

Minus my current mortgage of 3324 the cash flow would be 2273.I would like to get out of my FHA loan and into a 15 year conventional.

You’ll be able to use a low down payment loan like an fha or conventional 3-5% down loan if you househack versus if you buy an investment property.