Kevin Rodriguez
Moving Forward Advice
23 September 2021 | 5 replies
You need to refinance your primary take out some cash and close it as a conventional loan.
Zachary Jensen
First Househack in San Diego!
22 September 2021 | 2 replies
We were able to put it under contract before it was officially on the market though by coming forward with a conventional loan offer instead of an FHA offer.
Todd Springman
cheap house thats full
23 September 2021 | 3 replies
conventional, It was a bit of a stretch cause I just closed on a duplex in airway heights and then this popped into my life How did you add value to the deal?
Marquita Hightower
Finance Option Scenario
24 September 2021 | 4 replies
Save yourself the upfront mortgage insurance that's financed into the loan and go with a conventional 5% down product.Bottom line: Pay your taxes if you want to get a conventional or FHA loan.
Tracy Schultz
What is a good rule of thumb for how much to have saved up?
28 September 2021 | 25 replies
That would give you several years to continue to invest, save, get some cash flow from the property, before going to the bank for conventional financing.
Charles Elliott
Sell or Cashout Refinance?
23 September 2021 | 22 replies
We won’t be staying here forever, and I wanted to have my VA loan available for when we do move, so thanks to the INSANE amount of appreciation in the Southwest Idaho market, we have well over 20% equity now and just refi’ed our house into a conventional 30-year mortgage with the same interest rate and I’m in the process of doing the one-time restoration to fully free up my VA loan to use again.
Tyler Smerz
First time Buying a Rental Property
3 October 2021 | 8 replies
You can buy an SFR with an FHA loan of 3.5% and a cosigner or a conventional loan with a cosigner and 5% down.
Joshua Sun
BRRRR as a first investment or SFH?
23 September 2021 | 15 replies
In David Greene's BRRRR book, he suggested that it is better to wait and save up for a BRRRR as opposed to the speedier route and just doing a conventional loan on a SFH.Would you guys advise on saving up 100k on a BRRRR with a chance to repeat and get the reps of REI much more frequently, or use 50k on a SFH because it's less complicated and can be a good intro into REI?
John Leland Bailey Jr
My First Deal (Triplex Marysville, WA)
22 September 2021 | 2 replies
I am currently in the process of re-financing into a conventional 30 year loan so I can use my VA loan to buy another property.
Simon Martinez
Financing Options for 6 unit Property-Houston Tx.
22 September 2021 | 1 reply
I've been able to use conventional loans (credit union) for my small multi-family purchases.