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12 March 2020 | 75 replies
The goal is to utilize all 10 conventional loans on 5% down deals that cut my living expenses and quickly translate to a rental.
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8 March 2020 | 2 replies
Because of this purchase along with the asking price of the 8 units I would not be able to use conventional financing to get this because I don't have $100k+ down payment.
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12 March 2020 | 9 replies
@Demarcus Crump repairs came out of pocket and loan was just a regular ol conventional loan.
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5 March 2020 | 8 replies
@Kyle D Birch all lenders using conventional financing are going to run into the same issues with the appraiser.
5 March 2020 | 1 reply
I plan to purchase my first investment property with either a conventional loan 5% down or FHA loan 3.5%.
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9 March 2020 | 4 replies
We ended up having to go with private money because our LLC only had one year of tax returns so we could not get a conventional loan in LLC name.
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9 March 2020 | 8 replies
That can be a difficult sell to conventional lenders who may not want to refi you so easily in such a situation.
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5 March 2020 | 0 replies
I had a foreclosure that sold on Jan 2019 and can’t qualify for a conventional loan.
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5 March 2020 | 3 replies
My biggest thing is one lender offers 3% down on a conventional whereas the other only goes as low as 5% down on a conventional and I'd like to use as much leverage as possible.
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5 March 2020 | 1 reply
@ Ben Allumbaugh Conventional loan guidelines are standard for every lender but they may have overlays on guidelines.