I am in the process of reviewing 2 duplexes owned by the same landlord for my first buy and hold deal. I originally went to a local bank to get preapproved and that came back fine for the dollar amount. When I asked i...

Hello I am trying to get a sense of what a reasonable rate for a conventional 80%LTV loan would be (ballpark). I'm looking to buy out of state rental property. 20% down from my HELOC.  I have excellent credit and I w...

Hi BP, I am in the process of bidding on a HUD home and applied for an investment conventional loan pre-approval. After receiving the pre-approval I was informed that I can't flip the property and I would have to hold...

Let's start with a hypothetical scenario

I purchase a house at 213k with 20% down
The loan was 170k 30 years fixed
The loan with interest is at 307k
After remodeling the house it's now worth 265k

If I decide to ...

Hey All,I currently own a 2-unit Multi family and living in one unit. I purchased the house under FHA loan. I purchased it in 2013 for 185k and it was appraised right at 185k. I currently owe 171k in principal. I was ...

Curious as to thoughts on owner carry v conventional financing. It has been my understanding that owner carry is typically something a buyer does when they have insufficient credit, or ability to qualify for a loan. I...

Current: No prepayment penalties on a 2nd home mortgage through two lenders we have spoken to at length.

Scenario: If we successfully flip 2-3 months after closing- pay the loan off completely and contact the same le...

After completing my first cash only purchase (yay me!), I'm up to purchasing numbers 2 and 3, but I'd be looking to finance these properties given I've only got enough for either one more cheap cash purchase, or two g...

HI BP,Real quick... Been doing some research on conventional loans with 5-20% down and id like to discuss the requirements and possibilities of these loans as a means for investment properties. If some one with loan k...

We started our LLC partnership back in 2-20 and have had trouble obtaining a conventional loan for our flips with an LLC. Have any investors here ever obtained a conventional with an LLC. Guidance and suggestions will...