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Hello! I'm not sure if I'm using the right term, but is it possible to "re-mortgage" a vacation house on conventional terms. Scenario: I purchase a vacation house and close paying cash in full. Turn around and mor...
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My husband and I just recently sold our single family home, and decided to invest that money into multi-family properties. We just used an FHA loan to purchase our first multi-family property. We live there and rent t...
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Hello,
I'm looking into a cash-out refinance for a property that I own (held in an LLC). I found an appealing conventional loan. However, to get the most of it, it would require that I take the property out of the L...
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https://www.bizjournals.com/lo...
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For any conventional/non-QM brokers and lenders - if you do a full suite of products for investment properties, I'm curious to know how many deals start as conventional / or non-QM non-DSCR (such as Bank Statement, As...
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Hi, can any loan brokers help me with this question?
I already own a triplex financed with the conventional Home possible loan program.
My question is, can I use FHA to buy a second multi family property and what ar...
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I am currently trying to find lenders that offer better than a 15 to 20% down payment for a conventional loan on two investment properties new build SFH in North Atlanta area.So far I have been using the preferred len...
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Got with one of my local banks today in Fort Worth, TX, and they quoted me 25% down payment if I buy a multi-family property at $400k. Is that normal? My intent is to buy and hold the property for a long time. But giv...
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In search to find as much financing possible I'm running into a 70% ltv max. what one should expect to find if they can't qualify for conventional or better right? so what then now?I'm sure I've read my solution somew...
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My dad is a retired Veteran. He has pre qualified for a VA Loan, but Im sure he cant do much on his own.I want to know if I get a conventional loan; can we team up to increase our buying power ?