Albert Bui
Seasoning Period is now 6 months to use market value for conventional financing on Cash out's
It used to be 12 months and had limitations and restrictions when it was under 12 months prior.New Rule: use Loan to value guidelines on market value after 6 months after acquisitionOld Rule: must wait 6 months to cas...
Matt Wells
Can't get a conventional 30 year loan. Should I get an ARM, DSCR, or other option?
I don't qualify for any more conventional loans so now I need to go the commercial route. Does anyone have any advice? Should I go for a 5-year ARM, or DSCR, or try to get a long-term ARM or DSCR loan? Are there any o...
Joel DeLuca
If a HUD is listed as UI (Uninsured) for FHA, is it possible to get Conventional loan?
I am considering a HUD that is FHA financing UI (Uninsured). Would the offer have to be cash or hard money? Are there Lenders willing to loan conventional financing on distressed property? The house needs paint ...
Michael Speight
I am wholesaling and I have a buyer who’s using an fha or conventional loan to buy.
Will I be able to assign my contract to this buyer who is trying to purchase the house using an fha or conventional loan? If not what other options do I have? I currently don’t have the funds to double close.
William Li
Can I ask seller to finance a part of the deal while I obtaining a conventional loan
Hello BP community, I am looking to purchase several newly build duplex from the developer. I am planning to use either conventional loan or DSCR loan to finance the majority deal. If possible, I will also ask if sell...
Robert M.
?Should I ?refinance my FHA 4% interest loan with PMI to a conventional loan at 4.375% without PMI?
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
Robert M.
Should I refinance my FHA 4% interest loan with PMI to a conventional loan at 4.375% without PMI?
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
Chelsy C
If finance a flip with conventional mortgage? would that be ok to sell right away in 1 month?
is there any potential issues of doing that?
Chris H.
I know nothing about non-conventional financing, but have a potential option here and would like to learn.
Alright, I'm the guy from this thread. I'm looking to get an investment snowball going- I've got a decent amount of cash but I'd like to get in to even more houses than I could buy with 20% down + fix up costs.
A yo...
Rick Soto
Conventional with seller paid CC and a 3-2-1 buy down or FHA with a 3.5% down
Hello guys, me and my wife are trying to buy a property in TN. We are currently in this situation and wanted to hear your opinions.
We are buying the house to live in it for no more than 5 years, then sell it or ren...