Clay Hollingsworth
Expecting lil' one. Live-in Flip, or House Hack?
1 April 2020 | 7 replies
Also considering FHA vs conventional loans.
Mike Soofian
Analyzing a Foreclosure
12 April 2020 | 9 replies
Built in 1926 @ $195kI am 27yr old and just got pre-qualified for a $250k+ conventional loan but the woman I spoke with said I could probably go higher if I want... that aside...When I saw it posted about a month ago it went "contingent" after about 2 weeks but is now back on market which makes me wonder whyAt least for the sake of deal analysis, I want to call the listed agent but I would like to be prepared with questions so i can speak more confidently.
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.