Per 2023 guidelines, can I use rental income to qualify for a conventional loan?
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...
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...
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
...
Hello Everyone,I am new to flipping. My question revolves around financing. Say I found a great property to flip. Can I use a traditional mortgage loan to flip real estate? Example below. Purchased price: 40k Rehab co...
Hi, I am looking for some information as I am brand new to alternate financing. I am wondering the best loan process of purchasing off market properties not using a conventional bank. Down payment, hard money, dscr lo...
Hello. I'm looking to purchase an investment home under contract. I have low DTI, high credit score (790+ FICO), and high amount of liquid assets. I'd rather go with a conventional loan to get a lower rate and fee. Ho...
Why would a seller prefer Conventional over FHA... with FHA can you waive contingency in hopes to secure a deal
Pros and cons of FHA loans for rental investment properties? I see some people suggesting conventional and DCSR and others that suggest FHA.
Hi BP Community,I'm looking for a quality lender in the Atlanta area for an investment property. Any recommendations?Jason