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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.
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3 February 2022 | 3 replies
@Sean Thomas a standard conventional Fannie/Freddie primary home loan for a 2-4 unit is 15% down.
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11 February 2022 | 3 replies
SBA 10% down, conventional 25%.Will go higher than the 12 years, if the market is underserved and we can raise rents, or if there is land to expand.Most people use CAP rates, I'll let them chime in, with their financial targets.Involvement- you will need boots on the ground to service the facility.
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3 February 2022 | 0 replies
If a builder does it for me he has offered to do it for $85.00 sq ft.....850 sq ft x 4 apts=$289,000.When the 4 plex is finished it will be worth $350-400k....I'm currently being offered a 3.37% APR on a cash out on my home on a fixed rate conventional loan.
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3 February 2022 | 0 replies
Bank conventional loan How did you add value to the deal?