RJ Dixon
Hard money rehab can I use conventional after rehab is done
Hello my name is Ralph Dixon, 25. Just stepped into the world of real estate investing. I currently own 1 unit a 4 bed 2.5 bath. My question is I found a multi family unit that needs work done. My estimate and from 2 ...
Josh Roman
Multi Family/Multi Structure 10 total units - commercial or conventional financing?
Long Time reader, first time poster...here goes.Investor looking at a deal in Oklahoma near our other properties. Property is one parcel with 6 permitted structures on it, 4 duplexes and 2 SFH, total 10 units. Comme...
Wesley Allen
Buying a home that is renter occupied with a conventional FHA
Hello,My name is Wes. I'm new to all of this and I've had a few thoughts going through my head that I was hoping you all could possibly help me with. I have been browsing some websites looking at homes and I came acro...
Zatch Jason Pouchprom
Question about refinancing out of an FHA loan into a conventional
If a person were to do a house hacking strategy with an FHA loan with the 3.5% down payment and then live in the residence for the required year’s time would you be able to refinance into a conventional mortgage and i...
Asim Iftikhar
Selling a home - should i go with conventional offer or FHA?
Hello, I am selling a home in Houston, have 2 offers. One is going conventional (20%) down (offer amount is 150K), and the other is FHA (152K offer with 2K) towards closing. Which one is better? Both have pre approva...
Matthew Miller
Can i refi an owner occupied FHA loan to conventional loan?
I want to buy a 4 unit home and live in one unit while renting out the other 3. But later on down the road, i want to purchase another home using an FHA loan to take advantage of the low %3.5 down payment. Will it ...
Cal C.
Does refinancing conventional into portfolio loans restart the four mortgage limit?
Someone asked me this question the other day. They had several properties with high interest rates which they couldn't refi conventionally, but they were able to find a portfolio loan. He is wondering whether or not...
Veronica Solomon
Insuring Rental Properties Deeded into LLC's w/ conventional personal loans attached
I have 6 rental properties & have been advised by an attorney group to open 6 separate LLC's . All the deeds will be transferred into the LLC's . This is causing absolute chaos for me now with my insurance compa...
Arpan Gurung
Can I resale a property just bought on a conventional loan?
I was wondering, can you buy a property and flip it just a little bit and sell it for a small profit with in couple months?
Does the bank allow you to do that if it’s a conventional loan or does it have to be your own...
Nicole Shue
Covert VA or Cash out on a Conventional to buy again?
I'm looking to buy my 4th single family property...will live in it for 2-3 years (I'm military) then rent or possibly sell (Colorado Springs, new market area for me). Wondering whether it is better to convert the VA l...