Hi all!I'm curious about the difference between VA loan and conventional loan when it comes to house hacking in a 3 or 4 plex. I'm more interested in the actual act of borrowing, not so much the numbers involved with ...

My fiancé and I are looking to buy a second home to STR or a multi family property to begin renting out. Our credit and income are great, but our down payment is small relative to our area when considering having to p...

Hi everyone,I'd welcome advice/input on this situation, if anyone is willing. My wife and I are in the process of finalizing an agreement for a 3-family home (our first) in upstate NY (Rochester area). Based on conver...

I am looking at doing a fix and hold. My question is why a hard money lender if you have to put down 20% either way? Can't you just do one of those conventional loans that also includes repair costs?

Not sure why this is such a difficult question.  I’ve heard different things from different people.  I’ve spoken with both DSCR lenders and conventional lenders.  No one seems 100% sure.  I’ve heard everything from ye...

I am buying a 2 family house in New Jersey. Purchase price - $509K. I'll be moving in in one of the units. I was looking to put down 5% down but could not find any programs. Can anyone please tell me where I can find ...

Hello everyone,I am about to close on my first property! We are very excited but I do have some questions for my next purchase. My lender ran this loan as a DSCR and my rate came back at 9.5! I was under the impressio...

So, I purchased my first "flip" in June for $62k, did 33k in renovations, and now renovations are done. My broker thinks comps would come in around 145-160k. I recently decided to rent it instead of selling it, as ren...

Is conventional loan available to first time home buyer for 4 plex ? Which loan is best for 4 plex ? Conventional loan or FHA ? If u guys have 4 plex or triplex sell let me know. I am in colorado

I am currently checking around local banks to find out the way they finance rentals, and I am only being offered ARM or loans with a balloon payment, and getting them to finance for 20 years is even difficult, most of...