Sheila Reyes
Conventional 97 Loan
Hi everyone! I am just beginning my real estate investing journey and wanted to know more about the Conventional 97 Loan. I read about the advantages of a Conventional 97 Loan vs an FHA, but I was wondering if I could...
Richard Xiong
Conventional Rehab Loans
I’m looking to purchase my first flip in Fresno, Ca with a Conventional Rehab loan. I’ve consulted with an experienced realtor who works with local investors and he suggested using a Conventional Rehab Loan with 20% ...
Arun Dharan
Conventional Loan Question
I am looking at buying 2 multi family homes in PA and was wondering if 20% is mandatory for a conventional loan? Is there any loan options where you can do 10%. FHA won’t work for me because I won’t be living in a uni...
David Kim
Conventional mortgage help
If I have 200k and I need to buy both a car and a house what would be the best strategy? Assuming the car is 50k, is it better to buy the car in full and have 150k for a down payment on a house OR is it better to fina...
Robert H.
Conventional financing question
Hello, I currently have a day job with W2 income, but like many others here that have already taken the leap or have plans to, I would like to free myself from the rat race somewhere down the line. I have talked to ...
Matt Kowske
Conventional mortgage partnership
Thought I would try reposting this in a more visible forum... Is it possible to take advantage of the government guaranteed 30 year low interest loan while still utilizing a partnership in some degree? Would it be leg...
Cameron McCown
FHA vs. Conventional
So many times, I hear investors propose an "FHA" option as the best option for financing a new multi-family they will house hack or new primary residence for themselves.I can't say how wrong this is. It's true that t...
Andrew Yu
Conventional Loan Question
I don't own a home currently, but if I want to buy a house for rental purpose. What's the minimum required down payment for conventional loan? Can I say that's gonna be my home but really I will use it as a rental? I ...
Alexander Ramos
Fha and conventional
Hello bp members, I am currently looking for 2-4 unit multi families near south west cook county areas. I have a couple questions. -Can you still do fha if you decide to go through conventional route first?-To do cash...
Brandon Johnston
Conventional Rehab Loan
Hey BP nation, my fiance and I are looking to purchase our first home and we are considering getting a rehab loan and contracting out the rehab work while we rent our current home. We are only interested in medium to ...