Alex Breuer
Refinancing fha loan to conventional....then buy another fha loan
I currently have an fha loan on a home i bought 8 years ago. I moved out, it turned into a rental unit and im currently looking to buy a home (for myself) .Can i refinance the mortgage into conventional financing and ...
Gabe G.
question on use of an unsecured line,during conventional mortgage
I am in the process of closing on a primary residence through conventional financing.I have a unsecured line of credit, that i occasionally move money into my main checking account, when I pay contractors for work on ...
VB Phom
$80K - Buy and hold strategy: Purchase using conventional or BRRR
Hello,My husband and I are new to BP and getting ready to start our path to financial freedom; however, we're hung up on a strategy. If you've had this type of issue when you were starting out please chime in and let ...
Chukwudi Motanya
Possible to get conventional financing for a newly created LLC?
Hi All,I'm in the process of purchasing a Single Family House with 2 other partners. The 2 other partners would be putting the majority of the capital down and I would be the general manager. If we created an LLC for ...
Paul Zofsak
Initial loan with hard money and then refi with conventional???
It was suggested to me that I could use hard money to secure a property and then refinance 3-4 months or so later to a conventional loan. The idea being that a refinance is easier to acquire than a standard conventi...
Shawn Vassel
How to close SLO when tenant buyer uses conventional financing?
Ive been going through the lease option forum for a little while and I have yet to see an answer to this question. If it is out there and I have missed it please feel free to point me in the right direction.
If I am...
Ahmed Iqbal
Conventional loan and then transfer to a multi member LLC
Hi All:My sincere apologies if this topic has been answered before. I did search and could not find the exact answer. My scenario is this I am exploring a new market and putting together a 3 member partnership. The...
Brian Adzadi
Conventional Mortgage Co. That do 15% or less Down Payment
Hello BP family. Hope everyone is having a lovely Saturday. Or Friday still, depending where you are in the world. I am looking to buy a second rental property here in Allentown, PA but the mortgage companies I am cal...
Sloan Clark
Why would lender say conventional requires marriage? Must do FHA?
The clients (who are not married, but live together and are buying the house together) were told they HAVE to do an FHA loan. They wanted a conventional loan, and qualified for a conventional loan from a different len...
Stephen Anthony
Best Am and LTV for Multifamily Conventional Loan (8+ units)
Hi BPers,Has anyone seen better terms for multifamily lending than 20 yr am fixed, 80% LTV? I'd really like to find a 25 year am if possible. (I'm guessing 85% LTV is out of the question.)My loan shopping focus has be...