Hey everyone, I have seen and heard people talk about 5-10% down conventional loans but I am having a hard time finding one in my research. Where are people finding them, if they are. And are there requirements t...
Hi Everyone,I was hoping to get some information regarding financing in the state of Florida. My wife and I are interested in buying an investment property in Orlando. We are recnetly married.We are hoping to put only...
I've researched this topic in vain so far but am sure the experienced minds at BP have dealt with this before. With conventional loans, the sourcing of down payments seems to be very restricted. This seems to put a ...
If I were to use my VA loan to purchase a property and let's for numbers sake I use all of the 470ish K cap on the loan. After a year lets say I want to refinance the home and it is about the same equity and value. I ...
We’re looking to trade up from 1 door to ideally 20 doors and purchase a MF commercial building. On Brandon’s post building $1M net worth, he used 20% for the down payment. I’ve spoken with a commercial lender and com...
Are conventional loans the same as FHA in that you have to owner occupy for a year before you decide to sell?
Hi all.
I have a house up for sale and have three offers on it right now. Good situation to be in but also tricky decision to me. I have a concurrent offer which is low on the list. My dilemma is between a cash offer ...
Side note: I hope this doesn't violate BP's TOS. Does this post qualify as a lender request? If so, I'll take it down.Hello everyone, long-time lurker here on BiggerPockets. I've learned a huge amount from these foru...
Hey BP Community, hope everyone is staying warm during these cold winter days. I on the path of looking for my 1st investment properties and I am planning on going with conventional financing for the 1st property.
I ...
I think it was JScott who only sells his rehabs to those who qualified for conventional financing and not FHA. It was my understanding that he did/does this to avoid FHA's 3 month seasoning.
I could've misund...