Todd Ashley
No Conventional/FHA Financing Moving from Single to Multi-Family?
Howdy! I have run into an unexpected road-block during the pre-approval process for buying a small multi-family property (2-4 units). I am planning to buy a small multi and turn my current home into a SFR. Yesterday I...
Joe T.
Hard money loan vs Conventional loan - out of state investing
Hey guys - I'm planning to to purchase my first investment property this year and am planning to invest out of state.I've heard advice about working with a lender from the state where the property is because they woul...
Elena C.
Current lowest mortgage interest rate in MA? VA/FHA/Conventional
Hi all,
We are currently shopping around for the lowest interest rate to purchase our first primary residence, multi-family in MA. We are currently looking at Everett, Reverse, Malden, and Melrose. My husband is acti...
Reese W.
Using a "roth loan" for down payment on conventional loan?
My plan is to use my roth for the down payment on a conventional loan, then replenish the roth loan with unseasoned cash well after closing (from investors or bitcoin liquidation). Will the lender have any issues wit...
Chris Lord
Conventional refinance on the new ARV until after 12 months ?
Need new Lender recommendations and or advice. My current Lender says per Fannie/Freddie guidelines If I do a cash out refinance before 12 months they can only base it off the initial purchase price and not the new AR...
Jeremiah Lee
Pros and Cons of HELOC vs Conventional in specific scenario
-What are the pro’s and con’s in using a HELOC vs Conventional loan on this long term rental?
-What are the risks in buying with the HELOC in the scenario below?
-Is it challenging to find a lender that would allo...
David Bruce
Converting an LLC private loan to a Conventional in Hawaii
I built our personal home with private money at 10% interest only in my LLC in Kona Hawaii. We are putting 200k down and borrowing 900k. The home is worth about 1.1M. My question is what is the most effective way to ...
Nathan Stuart
want 25% down conventional loans but sellers want cash..... help!
hey guys and gals, I am new to the site and I need some help. I have say 100k in cash. I am looking to buy and hold houses and rent them long term. All the turn key houses I am looking for are 30-55k. The sellers all ...
Kadisha Ledford
FHA 203k loan and the Conventional Fannie Mae Homestyle Loan
I’ve been talking to a number of Realtors who all have one thing in common, they try to convince me to consider a FHA loan versus a HML. The kinds the have offered are FHA 203k loan and the Conventional Fannie Mae Hom...
Cayla Farley
Refinancing to a conventional loan after only putting 5% down.
We purchased a duplex that we are living in so we qualified for a WHEDA loan for only 5% down because it’s owner occupied. We have now found another property(4plex) that we’d like to owner occupy again getting a FHA l...