Just getting started. Talked to my local bank today. They tell me I cannot get a conventional loan because it will be a rental. I have an LLC, which I understand the point for a commercial loan, but I asked about a co...
It is recommended to use Private Money Lenders? When is best and when is not?
Is there any way to get around the 1 year employment history requirement for FHA loans?
We just got a SFH under contract. We will be putting 20% down. We need to secure financing, and have talked to several lenders with varying options from ARMs to conventional mortgages. we've purchased several homes as...
I'm hoping to get some people's opinions on FHA vs. Conventional Loans. It seems that in the long run (assuming one can afford the higher down payment, closing costs,etc.), it is better to get a conventional loan? How...
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...
Hi, I am under contract on another property. I am either going to flip it or keep it as a rental. I am getting a hard money loan for the property under my LLC, but if I keep it I would like to refinance out of the HML...
My goal is to purchase a single family house as my first investment. I am stuck on whether I should go the conventional loan route or the DSDR route for my first purchase? I do not want to house hack. Also, I am on th...
My loan agent is telling me, that the Conventional loan that I'm getting, cannot be acquired using my LLC, is this accurate? is it true,
Ive been told by banks and mortgage lenders that you can have up to 10 conventional mortgages in your personal name as long long as your debt to income stays below 36 percent. Does anyone have any experience with this...