The home was purchased with my VA loan at 2.99% with a remaining mortgage of 393k currently.

@Theresa Harris @Peter Tverdov Why is a larger down payment of 20% on a conventional loan a better idea if the interest rate is gonna be the same for both products?

I've been working exclusively in rentals for the last few years but recently switched gears and thought this would be a great place to share information!

And since the qualified mortgage law in 2010, these loans have remained solid, and thus, so has the mortgage securities market.

I mention 'it is a combination of IRA funds, bank loans, and private lenders'.

I am looking to kick my RE investing back into gear in 2024!

Buyers roll their agent commission into the loan. 

Commercial bank loan How did you add value to the deal?

thx experts There are certainly a lot of factors that go into the decision - keep in mind to there are multiple options with no prepayment penalty, so while there will be costs associated with the refinance - a no-prepay-penalty loan to purchase (at low leverage) can make a lot of sense as you can refinance later when rates inevitably come down, but don't have to time/guess when that is

You can't seller finance mortgaged properties, there is a due on sale clause, the bank calls the loans...more over your expectation that I'd have steady income for 30 years is strange.