![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1477002/small_1624368387-avatar-mom20.jpg?twic=v1/output=image&v=2)
25 January 2020 | 6 replies
I don't need help analyzing this deal; I'm looking for ideas on how I can finance this purchase and end up sole owner.Here's what I have:115k HELOC30k cashPre approval for 300k conventional loan.750 credit scoreLet's assume I don't have any friends or family willing to help me out with this.Got it?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1645243/small_1621514432-avatar-siennap1.jpg?twic=v1/output=image&v=2)
27 January 2020 | 16 replies
I did a typical 30 year conventional mortgage putting 20% down.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1218729/small_1621510331-avatar-alinas3.jpg?twic=v1/output=image&v=2)
24 January 2020 | 1 reply
Also how high is the interest rate compared to conventional home loan?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1602581/small_1621514071-avatar-scottk231.jpg?twic=v1/output=image&v=2)
27 January 2020 | 20 replies
Are you saying to simply get a conventional loan... and do what with it?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/900119/small_1621505238-avatar-jchaps689.jpg?twic=v1/output=image&v=2)
30 January 2020 | 6 replies
My RE goal right now is to have 10 doors by 2030; acquiring approximately 1 door per year with CF of at least $100 in a BRRRR setting and between $200-$300 in conventional purchase.
24 January 2020 | 1 reply
I've always thought that I can use the VA loan and also use a different type of loan such as conventional for my rental properties that I'm not going to be living in because I already used a VA loan for my current primary property that I'm house hacking but I want more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/900119/small_1621505238-avatar-jchaps689.jpg?twic=v1/output=image&v=2)
12 February 2020 | 14 replies
In contrast, if you buy a condo you'll have just 1 unit and your cash-on-cash return will almost certainly be lower.If you do go with a FHA, you are going to want to refinance to a conventional mortgage at some point (as soon as you can) to get rid if the PMI and improve your monthly cash flow.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1360572/small_1621511623-avatar-brennand12.jpg?twic=v1/output=image&v=2)
4 February 2020 | 11 replies
It appears as if the down payment for a conventional, 30 yr loan, has to come from personal finances (Money in the bank with proof of earning).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1655113/small_1621514520-avatar-jeremyp14w.jpg?twic=v1/output=image&v=2)
24 January 2020 | 5 replies
Effective Interest Rate: 5.375%Loan Type: Conventional Next Change: 6/1/20Payment Interest Rate Change: 12 MonthsInterest Rate Change: 12 Months 1 year usts monthly average Index Rate: 2.55%Margin: 2.75%Rounding Factor: .125%This is a huge increase in my monthly mortgage payments.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/484520/small_1677864746-avatar-lancep10.jpg?twic=v1/output=image&v=2)
27 January 2020 | 2 replies
As I understand it, for a house hack you usually as low a down payment as possible, which I *think* is in the 5% range on a conventional since this is not your first time buying a house.