Don S
FHA and Conventional Loans
I have read that when doing certain loans the lender wants you to stay in the property for one year. I am assuming this is to deter investors from these loans as the down payment is usually lower that investment loans...
Raza Rizvi
Owner to conventional financing
Hello Community,I'm seeking guidance on refinancing a property with an owner-financed loan that's nearing its maturity. Despite the loan balance being relatively small at just over $100,000, the property's value has s...
Zach Bechard
Conventional Loan without income?
Is it possible to get a conventional loan without proof of income and good credit?
As a new investor it will be hard to show income, but I have good credit. Rather than using private lenders or Hard Money Loan, coul...
Kevin Pereira
Down payment!!! conventional/FHA
Looking to avoid PMI, and maybe saving some money every month with a 5% down payment on a conventional owner occupy loan. Has anyone actually saved with this strategy? Can I attack principal and build equity faster wi...
Marcus Johnson
Conventional loan beats FHA
Recently we sold our home in a suburb of Minneapolis for full list in one day. The house we found was in a desirable neigborhood and was listed for 280k paying my closing costs. Our offer came with a contigency to s...
Mark Robles
Hard Money too Conventional
Good evening, Has anybody taken investment property from a Hard Money Lender too Conventional? My Conventional Lender is stating that 15-20% will be needed do to the amount stated on the form.Thanks Mark
Barbara Bruce
? About Michigan Conventional Mortgage
Hello,I'm just starting out and am in Tennessee. My sister up in Michigan just put her house on the market two days ago. It was listed for 139, they have an offer of 130 already which is what they actually wanted. Sup...
Brett Hogan
conventional mortgage for rehab
Is there any information already on BP about using conventional mortgages to cover the purchase and rehab of investment properties? if this is even possible..
Dustin Boggs
Investment loan vs conventional
So i finally feel confident enough to jump into the world of investment and this happens. I went to my local credit union to apply for a mortgage. i told him that this was going to be my primary residence and possibly...
Troy Durrette
Wholesaling to conventional buyer?
I have property under contract, but my end buyer is a conventional buy and was told by lender it's not possible to pull this off due to name on title, being sold from a Wholesalers does not work. MUST come property ow...