Hello,I've heard the 10 mortgage cap on conventional loans but today I was told by a friend that after 4 conventional loans under your name the fees or cost of conventional loans increases. Is that true?When I questio...
Should I utilize an FHA loan on my first home purchase or use a conventional loan? I would be purchasing with the intent to rent it out after a year of living as the contract will require. Is an FHA a good investment ...
I just got an approval letter for a conventional loan for only 3% down. I didn't know that there was a thing for 3% down payment conventional loan.
Now that I have enough saved to buy 2 houses with 3% down, I wanna b...
Hi all -- I am looking for some feedback on Conventional financing vs Commercial financing.If you purchase a property in cash, renovate + do a cash out refinance -- do you typically do the refinance into an LLC/commer...
HelloI wanted to check if both conventional and DSCR rates are almost the same in today's market? With no discounts, what'd the best rate with 25% down?
I have a property under contract with a FHA buyer and they have already completed their inspection and the appraisal which we agree upon the sale price. However we just found out my unit is not under an FHA approved c...
I've found some good off market deals but can't use my conventional loan to purchase these properties. Can I use a hard money loan just to get the house fast and then use my conventional loan to pay it off ?
So many times, I hear investors propose an "FHA" option as the best option for financing a new multi-family they will house hack or new primary residence for themselves.I can't say how wrong this is. It's true that t...
I'm looking into purchasing a single family home in the mid 300s range. Income is more than fine, debt to income is 5%, only issue is credit is only 650. All the lenders I've talked to keep pushing FHA but I'm afraid ...
Hi BP community,
I own a duplex since 2020 and just bought (01/2023) a SFR to fix and flip. I have both properties under my personal name.
In the last few months I have been trying to get more active into investing,...