Samson Tefera
Hard money and concern
30 May 2020 | 15 replies
As to the refinance, if you intend on using a conventional Fannie Mae loan, they will not close the loan in the LLC.
Eric Prine
Philadelphia Row Home
16 February 2020 | 5 replies
That way we will not have 2 conventional loans on on property and we limit all the closing costs.
Dustin Lee Cotliar
Mortgage rate for SFR rental property in Denham Springs
17 February 2020 | 3 replies
My interest rate is 4.875. 20% down, 30 year fixed conventional loan.
Travis C.
Am I a business or passive investor?
16 February 2020 | 15 replies
I hold title currently to all my properties under my own name (many have conventionally financed mortgages) and I have a full-time day job at the bank.
Andrew Kahle
Investor w/ funds needing help finding good multifamilies!
18 February 2020 | 9 replies
It's still possible to win deals with conventional financing, but you definitely need the right strategy and connections.
Ken Chud
BRRR buyers and conventional loan terms
17 February 2020 | 1 reply
If you're buying property for the long term play you'll get a 30 year conventional most likely.
Norman T Eng
BRRR Method Financing
24 February 2020 | 4 replies
Hi @Norman T Eng, these days you can get a 30-year conventional loan with interest rates in the 4s (I'm paying a fraction of a point to get 4.25% on my current loan which I'm very happy with).
Joshua B.
Barely a sucess but lessons learned in Ann Arbor Michigan
2 March 2020 | 5 replies
I think we would've still gotten the deal.Financing - We were going to do a conventional mortgage, but decided to ask the seller to do a land contract (to avoid having to take out a full mortgage for a 3 month flip) and he was totally fine with it.