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I’m looking into buying a 2 flat for my 1st rental property. I do have the 20% for the down payment, but not enough for repairs. Can I get 2 loans, one from a HML and then one from a bank, and then re-fi in 6 to 12 mo...
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Hi BP!I have a nice and habitable property under contract for a wholesale deal. I have a couple of conventional buyers that want to buy and are pre approved. I have one lender that would like to speak to me about my...
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Hey guys, Ive got a couple questions that maybe some of you might could help me out on.1. I can only have 10 residential conventional loans in my name and 10 other ones in my wife's name at one time? I can only have 1...
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I am interested in starting to flip homes. The first thing I would like to do is find out what I am qualified for. I was hoping for feedback on using conventional financing vs hard money. What are the pros and cons pe...
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I have the opportunity to purchase a 4-plex with a 1500 sqft storage building that was abandoned a few years ago. The storage building would be included in the sale. If I were to remodel it, in to two additional uni...
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In South Fla it is impossible to get a contract when you are contingent on conventional- they throw it in the trash- forget it!!!
It is also very hard to get conventional financing here for investment property- most...
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Greetings,My wife and I purchased our first rental this spring with conventional financing. It's occupied and doing fine. I've talked to our mortgage broker about securing a loan for a second property, and according...
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Hi all. I am looking at purchasing out of state rental properties. I live in NY and want to invest in Georgia. 1- Can I use conventional lenders in my area? Or do I have to go to banks in the area I am investing? 2- W...
I want to start with my first deal out of state, but I've been looking a lot of houses and neighborhoods but the ones I qualified with a conventional loan has to be livable, so I can't buy something that I can gain eq...