Newbie here. With a 740+ credit score, how much of a down payment can I expect through a congenital loan? For example, if I wanted to put a down payment on a $200k condo, do I HAVE to put down 20% each time? Thanks...
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Hi. What are the downsides to using a conventional loan to purchase a property I want to brrrr? I know the refinance has its costs but if it is a great deal should I still go for it? It is my first investment property...
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Thoughts from this group - do we expect to see the rates go up specifically this year for multi-family?
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My loan agent is telling me, that the Conventional loan that I'm getting, cannot be acquired using my LLC, is this accurate? is it true,
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I am a new investor. I will like to know if, all conventional loans are arms rate. Are there any conventional loans that are 30 year fixed for investment properties? I applied for a 30 year refinance loan for my inves...
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Hi I plan to purchase a property in cash and then refinancing it later on. For 2nd property I wanted to use the 97% conventional loan. Its intended for first home buyers so if I already have an investment property, wo...
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Per 2023 guidelines, can I use rental income to qualify for a conventional loan?
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Hi BP,
I have the following proposal;
Conventional Loan
20 Year Amortization
5 Year Balloon
Interest Rate 5.25%
75% LTV
Maximum Purchase Price $160,000
Maximum Loan A...
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What are some national real estate investing conferences and conventions I could attend? I'm also a partner at a construction company and I've always benefited from attending events such as "World of Concrete" and "In...
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Does anyone know of a lender who can do conventional financing for land?
The loan amount is $1.5M.
Here is what I am trying to beat:
-15 amortization (client would like 20 if possible)
-rate is Pime minus .25-.50
...