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10 February 2020 | 15 replies
Loans: (No money down / CHFA loan, FHA, conventional, hard money, etc)Interest Rate?
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7 February 2020 | 3 replies
If you are just wanting to buy a multifamily property, then you can look into conventional financing but you will usually need to be able to do 20% down.
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9 February 2020 | 11 replies
Currently I am looking at a Triplex in TN that will come to market at approximately $199K.I am leaning towards going with a conventional mortgage however I don’t have the normally required 20% down payment.
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10 February 2020 | 11 replies
When I go to refinance this property - wouldn't the new conventional lender find out that I'm the member of the lending LLC and also the owner of the property and cause issues ?
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8 February 2020 | 11 replies
To answer your question about refinancing after your repairs are done is dependent on WHICH TYPE of loan you can get on the "REFINANCE" step to the BRRRR.Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).
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12 February 2020 | 2 replies
Is this an accurate number for conventional home loan?
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8 February 2020 | 3 replies
Would something like this be hard to finance conventionally and do you think having only 1 well is a deal breaker?
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8 February 2020 | 1 reply
BACKGROUNDI have pre-approvals from both commercial and conventional loans.
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14 February 2020 | 60 replies
*Some things you will need to qualify for conventional is a 2 year work history that is consistent - or two years of schooling and a job in that field.
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9 February 2020 | 6 replies
My parents and I are planning on buying a house together using a conventional loan.For mortgage and tax standpoint, would that be considered a primary residence or a second home?