Johnnie Bembry
BRRRR Refinancing Question
1 March 2020 | 1 reply
Good morning BP, Can I buy a property with a conventional loan from one bank then cash-out refinance with another bank?
Alex Diaz
Small Multi Family Deal Financing
1 March 2020 | 6 replies
If you have the money for a down payment and your DTI works, then you can just use conventional financing.
Richard Updegrove
First investment property in Arvada, CO
3 March 2020 | 3 replies
I refinanced out of my pmi in 2017 and switched to a 15 year conventional.
Randolph Brown
Financing Options Using the BRRR Method
10 March 2020 | 15 replies
Also why would some who has been pre qual'd to receive a conventional loan choose the HML instead?
Dakota Rice
First Investment/House Hack
3 March 2020 | 2 replies
Owner occupied conventional loan with 3% down.
Jon Schwartz
How do four people buy a residential multifamily?
2 March 2020 | 3 replies
You are correct that rates will be higher than conventional financing.
Corey M.
Cash out refi VS new loan for rental property
21 May 2021 | 20 replies
If you buy now using a conventional loan, you get to lock in the low rate, but can't make a cash offer.
Christian Cummings
Occupancy requirements (VA)
21 March 2020 | 4 replies
You can always buy rental property using a conventional loan, but you will be required to do a down payment of at least 20%.
Nicolas Mitchell
Brrrr Strategy Deal Analysis
3 March 2020 | 1 reply
It's difficult to BRRRR with conventional financing for multiple reasons - you will pay financing costs twice; you might not be able to get a mortgage on the property; etc.
Matt Inouye
Valuing a Performing Private Note
2 March 2020 | 7 replies
Probably not worth the haircut.I suggest you go conventionally refinance and put all these ideas back on the shelf before this becomes a bigger mess than it already is.