
4 July 2021 | 5 replies
It's NON-move-in ready and we cannot find any conventional mortgage lender who would lend to us.

19 October 2019 | 26 replies
If you’re married you can have 10 loans in their name to, hence 20 conventional loans

5 July 2018 | 8 replies
Other conventional loans are 7yrs?
10 July 2018 | 7 replies
The best course of action might be to encourage your tenant to press charges if that is an option.

5 July 2018 | 2 replies
@Brian Murray a lender would be best equipped to handle this question, but for most secondary loans (Fannie/Freddie) that I've seen you'll need to go FHA to take advantage of lower downpayments with an owner occupant situation. 5% down conventional is typically single family residences.

12 July 2018 | 9 replies
If their credit is good enough they can use a conventional loan instead of an FHA loan.

7 July 2018 | 11 replies
As far as timelines, I put down 5% on my residence and it didn’t take any longer than any other conventional loan.

6 July 2018 | 15 replies
This means keeping the security deposit in a separate bank account, tenants depositing rent into a separate bank account, and having the ability to apply for a business credit card to charge house improvements and repairs to.

9 July 2018 | 12 replies
I mean, it doesn’t hurt to ask, but it’s rare/impossible for a conventional mortgage to be in an LLC these days.

8 July 2018 | 13 replies
Normally I charge for any special order materials up front, first day of work (demo) I get another chunk to cover labor and materials for the week.