The property will pass inspection. But, my question is what are the consequences, if any, of selling the property in 6 months to a year using a bank conventional mortgage?
Hey guys so I understand the pros and cons of buying your primary home with an fha vs conventional. However, I wonder how each loan affects me and benefits me when trying to buy a second home for a flip. So the primar...
Got approved for a conventional loan. I was wanting to do a brrrr or just something i could add vaule too. I know there are certain criteria for the conventional. So my bank only told me it has to be good enough for ...
I have a killer deal I was going to wholesale but I decided to keep keep because of the discount. I need to close fast with hard money, but I want to convert the hard money loan to a convention loan ASAP. How can I do...
I am about to do a home inspection on a HUD duplex with the intention to house hack. I'm nervouse about the results of the inspection due mostly to my bank to wanting to lend based on condition of apliances. One kitch...
Hello, I am new to the real estate investing world and like everyone else I have a ton of questions. I have not bought a property yet, as I am trying to make sure I’m making the right decisions. So I currently own my ...
Hello BP!Can you put less than 20% through a conventional loan on a 2 unit multi family? I’m a first time home buyer. Thanks,
Hello,I am working on educating myself about HELOC.I currently have a 30 year conventional Mortgage loan for the last two years.Are there any advantages convertinv to HELOC for my situation?if yes?How can I convert t...
I’m doing my first buy and hold purchase for a long term rental. I’ve received my loan docs back from my (conventional) mortgage lender and he’s included a $995 loan fee. This seems a bit excessive to me. Also includ...
I'm looking for lender to offer a low fixed rate mortage for a property I own outright. I want to BRRRR it, but can't seem to find a conventional lender who will work with me on the 'R'efinance part of BRRRR. The tro...