Daniel McDermott
First time with F.H.A. loan
2 April 2020 | 9 replies
When I go to refinance the house it will appraise higher, I will pull out capital and apply it towards my next home as well as be able to recycle my fha into house number 2 while changing house number 1 into a conventional loan, and than repeat that whole process.
Nick Kourey
Unable to Refi Duplex because of limit on points and fees?
31 March 2020 | 3 replies
Is this something we'd run into with other conventional mortgage companies and banks, or perhaps just Quicken?
Lesley Resnick
Are any banks still writing loans?
15 April 2020 | 13 replies
Good rates, but a couple points on a conventional.
Kristen Shook
Purchasing WITHOUT an AGENT?!
3 April 2020 | 32 replies
I also am approved for a conventional only 3% down, so that gives me room for utilizing the money I've been saving to begin the renovations without being charged interest on that money.
Matt Higgins
Life isn’t going back to normal anytime soon is Real Estate?
10 April 2020 | 84 replies
Hopefully this is a 2,3,4 month issue, but they cancelled the British Open, political convention, and I fear the NFL is in real trouble.
Mike Teri
Is Anyone Still Lending on Portfolio/LLC Loans??
17 June 2020 | 17 replies
@Mike TeriIt's going to take some time to find a sustainable path forward as even the A Paper Conventional Mortgage servicing sector is severely threatened by the stimulus package and it's forbearance allowances.
Cole Britting
Private/Hard Money Refinance Question
6 April 2020 | 6 replies
I am not sure if this is just for refinancing a conventional 30 year loan into another one, or if it applies to refinancing a private/hard money loan.I'm thinking of this in terms of a BRRRR.
Alexander M Stanton
First Purchase Goal: Seller Financing House-Hack
2 May 2020 | 4 replies
My goal to find seller financing is based on my limited cash - I have around 10k to put down and then would be counting on my income and some savings to fund a rehab as I lived there and made payments, with the goal to rent out within a few months and refinance into a conventional loan in about 18-24 months.
Tyler Segebarth
House hack with couple as tenants?
2 April 2020 | 7 replies
Hi Tyler -I've "lived" with couples twice before, once in a conventional house hack situation (I lived in one unit of the building, and they lived in another), and once as "roommates" (separate bedrooms but common kitchen/living room).Wasn't an issue at all in the former.In the latter (which, if I understand correctly, is the situation that you're considering), I had a conversation with them up front about intimacy and inclusivity in common spaces.