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I own 2 properties free and clear. I want to aquire a 3rd. Are there any asset based lenders who do conventional loans? If so, I want to use one of my properties as leverage for downpayment and closing. I want to do t...
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I’m finishing up renovations on a property I’ve owned for a little over a month that I intend to BRRRR. I’ll be all in around 77% ARV. As I look to refinance it, I’m debating on which option will make the most sense. ...
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Hi !!Can I do a cash out refi on a FHA loan say after two years and convert it into a conventional loan ?
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Hello everyone,I ‘m new to the group. I look forward to learning a lot. I’m an investor and a Certified Residential Appraiser. Let me know how I can help with questions and/or appraisal assignments. Thanks.
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Hi BP! I was wondering if you knew of any US lenders who do 5% or lower down payment programs for conventional mortgages for 2-4 unit properties. I know FHA has them, but I am having trouble getting an FHA offer accep...
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Hello BP members
I’m in the process of purchasing a 4 unit MF property in CA with a owner occupied FHA loan at 3.5% dp, but we just encountered a problem. Long story short the property did not meet the FHA self suff...
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will an end buyer's conventional loan, lender approve and close my double closing, I'm funding my own side with cash
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Hi everyone - I am looking to invest in multifamily, and I learned that if I do conventional loan, for 4 units it will be residential loan and i will have to get it under my name. Then is there a way to transfer the l...
Would it be best for my first deal to be though a FHA Loan Or with a Conventional Bank Loan? I know with a FHA Loan I would have to live in the property for a certain amount of time, plus the Down payment is lower 3.5...
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Hey BP members!My brother and I are about to purchase our first flip property. We have the 20% down, is a conventional loan through a bank the best option putting it in one of our names? Is there a faster or better wa...