My wife and I are looking into doing multiple MultiFamily long term rentals (1-4 units). We have a large chunk in our savings and was wondering if it was possible to start an LLC and get a CONVENTIONAL loan ? We were...
I am currently about to begin my real estate journey by house hacking. My one question is since I have already been preapproved for a FHA, would I still qualify for it if I first bought an Investment property with a c...
I am in New York and bought my first home, a 3 family a year ago with an FHA. It's cash flowing nicely and it's what inspired me to want to do it again. I went to my RE Agent to discuss another multi-family purchase (...
Can you refi out of an FHA loan after 6 months into conventional.. then after a year use the FHA loan again as long as second home is owner occupied? Interested in house hacking but have limited capital.
Hello all! I am new to the world of real estate investing and like many of you have been spending the last few weeks/months reading and researching. I am very excited about the brrrr strategy and wanted to get others ...
If I am writing an offer and plan to use a HML would I indicate "conventional financing" or "cash"? I would have thought conventional financing but when setting the anticipated close date 2 weeks out (rather than the...
Hi, I am putting conventional loan bid on a property. I have a pre-qual from one bank, and have a term sheet. I want to know if someone can give me some typical terms they have come across. For example, this loan is 2...
http://www.realtor.com/realestateandhomes-detail/4...Loving this multi, but with get started with BRRRR would be awesome to use this to jump into the game as a first buy but with it being a fixer. Is a conventional l...
So.. I need to sell a house that we just purchased through conventional financing and I'm wondering how to find out what the fees/penalties will be for not holding it for a year. We're renovating the house now and wil...
What kind of rate range are people seeing right now for conventional loans on SFR? I worked with a lender when buying my primary residence and she was fantastic. Very prompt, personable, and despite the fact my wife ...