Danielle DeCormis
Renting property to LLC in lieu of Quitclaim Deed
1 October 2024 | 4 replies
I had to get a conventional mortgage instead.
Rebecca Curtis
Hello BiggerPockets! New PRO here
3 October 2024 | 14 replies
To buy a multifamily property without a large down payment, explore financing options like FHA loans, VA loans, and conventional loans.
Petya Toncheva
DSCR 1st timer
2 October 2024 | 11 replies
This is my first time going non conventional.
Davion Smith
Starting out in Multifamily property investing
1 October 2024 | 13 replies
You can find a rental property and secure it via conventional loan or dscr, either way both you’ll need around 20%, and let it do its thing until you get back stateside.
Jason Scott
Which Mortgage Option Is Best for My Situation?
1 October 2024 | 6 replies
Are those rates for FHA or Conventional?
Corbyn R Tower
Hello, Just starting out and have a few questions about real estate investing
1 October 2024 | 7 replies
@Corbyn R Tower In terms of obtaining a conventional mortgage for REI you will likely not be able to do so under your LLC.
Jacqueline Lee
Is “OPM” real or a myth?
2 October 2024 | 15 replies
I started adding up the interest payments if this property didn't sell and trying to refinance it to a conventional loan to rent it out (my exit strategy if the flip didn't sell).
Nick Parenti
Self-Employed Looking for Lending Information
30 September 2024 | 7 replies
If you are going conventional, they will need 2 years of tax returns, no way around it.We will use your "net income" after all deductions for 2022+2023 and divide over 24 months.
Dustin Oaks
Financing a rental
1 October 2024 | 4 replies
Consider Different Loan Options: Explore various financing options, including conventional mortgages, portfolio loans, or even private lenders.
Andrea Galvez
5% downpayment for a 6+ unit building?
30 September 2024 | 10 replies
Hello Everyone, I'm interested in a building with 6 units in Indiana, but I dont have enough money for a 20% down on a conventional.