I purchased a duplex in Minneapolis with a FHA loan June of 2015 that I owner-occupy.  I've had an appraisal recently and have hit 80% LTV and since rates are still low I've been thinking about refinancing into a conv...

I am looking at a duplex listed in the eastside of the Seattle area.  The mortgage broker that I have been talking to stated that I since it is a duplex I wouldn't be able to get financing unless I had 25% down and I ...

Hi BP,I currently have my first house financed with a VA loan. I've been considering refinancing into a conventional loan with the equity I have.Is this feasible? What are the pros/cons?

Hi all,Analyzing a deal where I have the money and am approved for a 3.5-5% down payment on a 280k property (4plex). It has a lot of room for rehabbing and potential for appreciation but I don’t have the cash to pay f...

I have been speaking with a few customers and conventional loan officers lately regarding 30yr financing on investment properties and the rates I am now hearing are north of 5%. They tell me this is due to Fannie Mae ...

I am a super newbie (not started yet other than research and obtaining capital) and I am seeing comments that buyers are getting their bids turned down with FHA loans or sellers are preferring bids with a conventional...

Hey guys,As of the moment I am not looking for another property. However, I did want to know for when the time comes, a bit more about conventional loans in CT. For an investment property, what is the lowest that one ...

Hello! I'm trying to compare whether to use a conventional or 203k loan. I tried to run some numbers as you can see in the image below. What else should I be considering when comparing these two options?I'm leaning mo...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $400,000

Cash invested: $18,560

Sale price: $590,000

Conventional Flip

How did you add value to the...

Hello, I have a question, let’s say you’re looking at a multi-unit and the seller agrees to an MLO(master lease option) for three years at an option to buy for $400,000. At the end of three years, because of your repa...