I am wondering the pros and cons of doing a conventional loan vs a commercial loan? I just want to make sure I am looking at all of my options when weighing the numbers.
What I already know.
I know if I go the comme...
I'm hoping to get some people's opinions on FHA vs. Conventional Loans. It seems that in the long run (assuming one can afford the higher down payment, closing costs,etc.), it is better to get a conventional loan? How...
I just thought this quick reference guide would be helpful for everyone because it has been very helpful for me. I'm not a conventional lender so it is very hard for me to keep up with the requirements. Please note ...
Hi everyone! First post to BP forums after learning from the sidelines the last few months.
Ok right to it. I haven’t seen or heard really of anyone mixing two types of financing on one deal. Is this common/ethical/...
So I keep seeing that most lenders want two years of steady W2 income in order to qualify for a mortgage. I have 2 years of tax returns, one year was 12k (gross) and the other was 14k (gross), which would most likely ...
I recently fell out of escrow on a property, where the seller did not want to do the necessary repairs to bring the property up to appraisal standards. I'm still interested in buying the property, and I wanted to run ...
I have read that when doing certain loans the lender wants you to stay in the property for one year. I am assuming this is to deter investors from these loans as the down payment is usually lower that investment loans...
Hello Community,I'm seeking guidance on refinancing a property with an owner-financed loan that's nearing its maturity. Despite the loan balance being relatively small at just over $100,000, the property's value has s...
Is it possible to get a conventional loan without proof of income and good credit?
As a new investor it will be hard to show income, but I have good credit. Rather than using private lenders or Hard Money Loan, coul...
Looking to avoid PMI, and maybe saving some money every month with a 5% down payment on a conventional owner occupy loan. Has anyone actually saved with this strategy? Can I attack principal and build equity faster wi...