2 February 2022 | 2 replies
Note: I still have a few easy conventional loans left for future purchases and my DI ratio has plenty of buffer, so those aren't constraints.Thank you for any advice/guidance that is to come.
3 February 2022 | 10 replies
They only do when you get a conventional or investing loan.
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8 February 2022 | 11 replies
Here's the jewel of it.My partner and I are looking to get financing on a Tri-plex in Central FL, we will be splitting the down payment.We'd really love to get into the property with 20% down max if not less, most conventional lenders ive spoken to have said they cant get anything under 25% on an investment property, But I'm determined to find one that can. whether it be DSCR/Rental loan, conventional or whatever products are available to fit with our goals and criteria while stilling giving us some scaling capability as were not looking to stop at this property, hopefully 2 more multifamily properties to acquire in the next year to 18 months!
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4 February 2022 | 5 replies
These loans do no have mortgage insurance on them, but slightly higher rates than conventional loans.
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11 February 2022 | 4 replies
conventional investment loan, 20% down What was the outcome?
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3 February 2022 | 3 replies
So a conventional lender - are they associated with a bank, CU, independent lender or are they a mortgage broker working with many lenders?
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4 February 2022 | 8 replies
My biggest concern is with affording the down payment combined with any closing costs or fees that come along the way.I've been speaking to a few different loan officers, and the consensus seems to be that conventional loan programs for a duplex property type require at least 15% down.
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8 February 2022 | 11 replies
Quick question, it makes sense why I wouldn't be able to utilize the FHA in that scenario but are you sure it would have to be 25 if i went conventional route?
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3 February 2022 | 0 replies
People who made money and decided to passively invest it, but still work hard staying on top of it all.It's not just a dashboard, but rather a digital service that essentially acts as our virtual family office - It automates our workflow, analyzes performance, and has a ton of features in the road map to help make better decisions.
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11 February 2022 | 8 replies
The only real thing you will need for the mortgage lender is a copy of your orders stating where you are going.I am also an investor living in the Charleston area, working for a digital company and just recently transitioned to the SCNG so we should definitely link up some time.