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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).
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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.
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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.
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1 October 2024 | 4 replies
Consider Different Loan Options: Explore various financing options, including conventional mortgages, portfolio loans, or even private lenders.
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2 October 2024 | 19 replies
Work on your finances by saving for a down payment and leveraging financing options like FHA loans or conventional loans.
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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.
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1 October 2024 | 14 replies
Conventional loans will have lower interest rates than DSCR loans but you are also only allowed to have 10 conventional loans under your personal name.
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2 October 2024 | 38 replies
The political structure is a mess and perhaps we need a new constitutional convention to reorient ourselves.
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30 September 2024 | 8 replies
You need tax returns for conventional or FHA, if you want to go private or hard money, it is going to be 20 % down.
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2 October 2024 | 24 replies
From an advisory standpoint, it can be used in some less conventional situations such as for executive compensation and buy-sell agreements for example.