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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...
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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...
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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...
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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
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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...
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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...
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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...
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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...
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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...