Angel S.
replace ARM with conventional, and funding new roof and kitchen
When I bought my property 9 months ago, I was only able to get 10 year portfolio ARM with a 3.625% interest rate. It's a 2-unit, and we're currently living in one of the units, with the plan to move out in a few year...
Jonathan Davis
Seller Financing Vs Conventional for first time rental w/caveat
BP, I have a great opportunity to purchase a home being sold by my in laws. They are pricing the home well below market value if it's sold within the family. I'm a new RE investor and feel like this would be a great...
Shailendra Thakur
Looking for conventional loan with 10% down on Multifamily Home
Hello BP.I am planning to make an offer on multifamily in NJ. The mortgage guy told me that no lender would offer me conventional loan as it is a multifamily and I am only putting 10% down. They minimum need 20% down....
Derone Patterson
Conventional loan can I buy multiple properties with 3% down
will I'll be able to get a 3% conventional loan even if I already have a 3% conventional loan I plan on buying a duplex and living in it. the first house I have is already a duplex I live in the basement but I want to...
Andrew Ngo
Can I use two conventional loans for a MultiFamily Apt?
Hi i'm a total newbie to real estate investing and was curious if the following is allowed/possible. I''m thinking of using a conventional loan to cover 80% of the property and another conventional loan through a diff...
Tedd Michel
Switching from conventional to FHA after I've made an offer
Howdy!My wife and I have spent the past two months searching for a property in Los Angeles to begin our first house hack (out first real estate purchase ever). We're very flexible and are open to both single family an...
Francois D.
Texas SF non conventional rental loan (best) rate and terms
Hi,Would be interested to know the best rates investors are getting on single family rental properties from Texas regional banks or national lenders (non FANNIE MAE product). Does any bank offer WSJ prime rate or low...
Kevin DeMaio
FHA loan vs. conventional loan to begin real estate investing
I’m beginning my real estate investing journey and I’m wondering which loan would be better to begin with? A FHA loan or Conventional loan? What are the pros and cons of each loan
Mike Lindsey
How low can you go on conventional mortgage down payments?
Hello. I recently paid off my home. I've been contemplating buying a new property that I could rent out. I have no plans of living there at any part of the process which, if I understand correctly, would disqualify me...
James Fennessey
Should I refi to a conventional loan from VA loan?
Hey all,
New to BP, hoping to hear some of your savvy minds come together and help me with some options for my near future. Here’s a quick recap:Purchased first home in 2014 in Pensacola, FL, using VA loan. Did some ...