Matthew T.
Conventional loan "after" USDA loan??
Hello,
I was wondering can I obtain a conventional loan for a rental property "after" I obtain financing for a USDA loan? I wanted to use the USDA loan to obtain my primary residence then after I move in, I w...
Eric Matson
Financing: FHA vs Conventional loans
hey guys. I'm a first time investor looking to purchase a small multifamily unit and eventually purchase more. I've been doing a bunch of reading and research, but one particular question comes to mind which is crucia...
Chris Olewinski
FHA 203k refinance to conventional
If you do an fha 203k loan for a duplex. Do you have to stay living in it for a certain time before refinancing to a conventional loan?
Abbas Jamal Eddine
BRRRR using a conventional loan
Hello BP! Instead of using private money lending to buy a property that needs to be rehabbed, can I use a local bank to get the initial loan then 12 months later, refinance with another bank? i.e let's say a property'...
Vinh Tran
Private Lending vs Convention Loan
Hello all, This is my first fix-and-rent property. I've found a duplex for $100K but it needs a lot of work, probably needs another $50k-$70k into rehab. The goal for this project is to implement the BRRR method to g...
Sean Frick
Limit on USAA Conventional Mortgages?
Does anyone know the limit USAA places on the number of conventional mortgages it will underwrite? I hear for some banks it's 4 and for others it's 10.
Gordon Ludolph
Conventional Financing opportunities for LLLP's?
Here's the background...I have been shown a portfolio of 20 properties...all SFR, recently rehabbed, all with a tenant in place on annual leases as opposed to month to month, all cash flow positive, NOI's of 14 to 21...
Cassandra Sifford
Conventional Cash Outs vs. HELoC
Hello Bigger Pockets family!!! I have been researching ways to fund my 1st deal (still deciding between a flip or a buy and hold) and had been most interested in HELoC. The value of my home has increased a good bit ...
Gordon S.
FSA and conventional loan question
Hi everyone,From listening to the podcast etc I have learned that if you finance your home using a FSA loan you need to stay in the house for a year before you can rent it, is this the same for a conventional loan fro...
Margo Roberts
Conventional Loan on Older House
Does anyone know of a lender (other than hard money) who would lend on an older house?I purchased a house in Miami built in 1925 in my retirement account. I would like to get it out of my retirement savings and get a...