Kyle D Birch
Chicago Lender recommendations cash out/refi
5 March 2020 | 8 replies
@Kyle D Birch all lenders using conventional financing are going to run into the same issues with the appraiser.
Dulce Sandoval
First rental property. Should I live in it?
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%.
Pete Harper
Is it time to refinance?
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.
Wilhelm J. Lieto
Boomerang HELOC method, is it possible?
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.
Jose Vargas
Financing after a foreclosure?
5 March 2020 | 0 replies
I had a foreclosure that sold on Jan 2019 and can’t qualify for a conventional loan.
Drew Zervos
How to navigate choosing a lender in the most ethical way
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.
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.