BP community,I'm starting out and am about to close on my first rental property. I'm using conventional financing from a bank. I want to see how it is possible to hold this property in an LLC while still having conven...
If you exercised the option to Renovate using a 203(K) loan ORPurchase with a conventional loan, use your own money to renovate, and then refinance the money out after rehabbingHow did it turn out?What advice do you h...
Hi folks. I've been in touch w/ a portfolio lender, and while the terms described are in line with what I understand other in-house lenders are offering, I'm still considering conventional financing due to more favora...
Hey BP family, I am looking for recommendation on conventional lenders you use or have used for investment properties with good success. I am a newbie and had one recommended lender but can bearly get him on the pho...
Hey I am a newbie and very curious about this topic. What do most people do once they have obtained their 10 conventional loans in order to finance rental properties? I appreciate all the responses and tips and tricks
I've seen it mentioned on some posts that lenders like to see that people pay income taxes. What do they look for with conventional owner-occupied mortgages? This is conflicting because we try to write off every dolla...
So I was taking to a loan officer and he told me that I can only use the FHA loan 1 time and for me to use repeatedly I have to switch my fha loan into an conventional loan, so I was wondering what would be the pros a...
Hello everyone - I'm looking to purchase a multi-family home and house hack. This will be my first purchase and I meet all the criteria to qualify for an FHA loan. My question is this...I have enough saved up for a 2...
Rookie investor seeking advice: Owner occupied property, conventional loan, qualified for 3% DP, sounds like a great deal for starter home buyers with less cash, and allow for greater appreciation for house-hacking ow...
Hi - I’m looking at a 3 unit property in Northeast PA that I would like to finance with a conventional MF mortgage. Can anyone connect me with a bank that would let me place the property into an LLC? Understand that I...