Ben Allumbaugh
BRRR/Investor friendly Brokers in/for TN
5 March 2020 | 1 reply
@ Ben Allumbaugh Conventional loan guidelines are standard for every lender but they may have overlays on guidelines.
Jose Furman
Financing Your First Deal
5 March 2020 | 3 replies
Yes, any property over 4 units doesn't qualify for Conventional financing, you would need commercial financing.
Victor Colon
To keep or replace tenants?
6 March 2020 | 9 replies
If you are using a conventional loan it will be 25% down.You have to honor the existing leases.
Mitchell Behm
I have a FHA loan question!
5 March 2020 | 0 replies
We would rather save up and get a conventional or commercial loan.
Jacob Humiston
First property, getting a roommate, saving 50%
7 March 2020 | 7 replies
May refi out into a conventional so I can do another FHA owner/occupy with 3.5 down on the next building.
Loren Bedward
At this point I’m burning myself out
7 March 2020 | 20 replies
Just search on it in BP and it should come up.If you have the ability, I've found many of the local banks are pretty flexible on lending on fixer properties that conventional lenders or the big banks (BofA, Chase) won't touch.
Sebastian Roy
portfolio lenders for fixer uppers in Massachusetts
16 March 2020 | 6 replies
Hello everyone,I put an offer in on a duplex that needs a lot of work and will not pass conventional financing or standard FHA financing(the biggest reason being no heat source).
James Williams
Getting mortgage on rental property instead of conventional loan
5 March 2020 | 3 replies
I want to purchase my first rental property with a mortgage instead of a conventional loan so I can take advantage of the homestyle/homeready programs which allow you to include renovations in the loan instead of conventional loans that require 15% down.
Sam Ohanesian
What kind of rates is everyone getting?
9 March 2020 | 13 replies
@Chris Mason I locked at 3.125 on a conventional second home loan yesterday with a regional lender.
John Fortunato
💸Working on 1st deal..💸 looking for some advice
6 March 2020 | 4 replies
This property will not qualify for an FHA loan it will have to an conventional loan. 20% down.