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Hello friends!This just sent to me from one of my top lender partners:Starting November 18th, 2023, Fannie Mae is rolling out a game-changing update to its guidelines, specifically focusing on down payment requirement...
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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...
Hello, I currently have an "owner occupied " type loan and I would like to finance, however I no longer occupy the property. I talked to my lender was told that if I wanted to refinance I would have to occupy the prop...