Faiz Kanash
Does my type of income qualify me for a conventional loan?(Bank statements loan?)
Hello all,Just a general question. I primarily work with hard money lenders to satisfy my needs when it comes to my projects as a fix n flipper, however there is also benefit if I'm able to work with conventional loan...
Mohammed Milord
Can you refinance a property with a conventional loan if its in an LLC?
Let's say you bought a property using a hard money lender, and you put the property in an LLC. Is it possible to than refinance the hard money loan through a conventional bank if the property is in an LLC?
Jaekwan Lee
Use FHA or conventional if you just started investment but you have enough downpaymen
Hi, I just start getting to know investment after reading a house hacking book and I really want to begin the journey of expanding rental real estate. I am married and my family size is three (me, my wife, and 3 yrs d...
Thomas Coburn
Entity for auction fix-and-flip vs buy-and-hold, with/without conventional financing
Hello all... I'm a bit confused on how best to My wife and I own two LLCs now taxed as S-Corps. So, I understand the purpose.However, I'm confused how when, and how, to put/transfer a title to property into the LLC.I'...
Connor Castillo
7.125% interest rate on a conventional investor loan: When should I try to refi
Hi all,With this interest rate, when should I might try to refinance to lock in a lower rate. The home is in Columbia, SC. With the .5 point cut, I think the rates already dropped in anticipation of this happening, bu...
Olusegun Samuel Oyebode
What to do next-got approve for Conventional Loan but not finding good deals
Hello everyone, I need help with getting a good deal.I am a new in Real estate investment and working on my first investment property.I have educated myself by reading many books from Biggerpockets and I have watched ...
Michell Chase
Can I refinance my personal conventional mortgage into a DSCR owned by my LLC?
I am currently working on building my RE portfolio. As a beginner, before learning about all different types of lenders, I purchased my first investment property under a conventional investment mortgage in my own nam...
Account Closed
Can you put down 5% down on a conventional on a 3 unit in PA
Im applying for a mortgage at univest in PA. The lady lied to me says i can put 5% down conventional loan on 3 unit than after doing a hard inquiry on my credit. She says i cant without 20% down. This is such bs. She ...
Andrew Northcutt
3 Year ARM w/15% Down vs Conventional 30-Yr Fixed w/20-25% Down
Hey everyone, I'm exploring the idea of a 3-year ARM mortgage with 15% down vs a conventional fixed year mortgage for a longer-term buy and hold investment property. The rationale for considering the ARM is that, give...
Dan N.
Conventional Loans 7/2023 - Is it true there no par (rates with no point cost)?
I just got a quote from a conventional lender for 7.75% with a 2.5 point buy down.When I asked what would be the rate without a point buy down, they said: " There are no par (rates with no point cost) rates for invest...