What would this process look like? I don't have a regular source of income, but that's why I am pulling in partners. What will the bank need from me/them? Can I still be the general partner if they are the far of the ...
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Have a duplex under contract. Going to live in the top unit and rent the bottom unit out. Thought I could get a conventional loan for 5% down. Lenders are asking for 15-20 percent down. Any advice???
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Why is it always mentioned you househack using an FHA loan and not a conventional? FHA is usually a higher rate and upfront mortgage insurance premium, which needs to be refinanced off later requirement more closing ...
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We own our current home with a 15-year conventional loan. We have about 80k in equity (about 40% equity). We would like to move about 20 miles away (my wife was offered a job on the other side of town). We would like ...
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For example, buying a 4-unit apartment building, do I have to live in one of the units?
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Hi all,I'm pretty new to real estate investing and so far loving the forum. I've looking into buying an out of state rental property this year and was wondering whether it's better to get a conventional loan or to pay...
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I purchased a duplex property last year and refinanced out of my FHA 203k loan into a really nice conventional. I spoke with a friend of mines who has experience with Annie Mac Mortgage I explained that i wa...
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My husband (veteran) and I purchased a home in Philadelphia in March 2017 in a neighborhood that is appreciating rapidly. We have fixed up a lot of things already and are continuing to improve it as we live there. Bas...
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Complicated Question:We just purchased a Triplex on an FHA in January. We have about 22% equity in the property now and want to refinance out of the FHA into a Conventional product (I believe Freddy Mac will allow us ...
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Hi Folks!New to real estate investing. My lender told me that the rates changed again this morning (80 basis points), so looking for recommendations here on which option is more sensible - using HELOC to buy all cash ...