Montez B.
FHA loan to conventional (repeat)
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...
Zach Hochstetler
FHA and Conventional Simultaneous Purchases
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...
Andy X.
conventional 3% DP - catch 22?
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...
Richard Solaski
Conventional MF mortgage with LLC
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...
Amon Neequaye
Conventional vs Investor-Friendly Loans
Hey all,I'm just getting started with out-of-state real estate investing and I'm curious about which style of loan to look for.Do I stick to a conventional loan while I'm learning or go straight for the more "investor...
Symone Gordon
Refinance: Simultaneous conventional and HELOC??
Hi Everyone! I’m looking to refinance my duplex. I’ve got to get this monthlY payment down to create more cash flow - I like the idea of a HELOC - My broker is suggesting I refinance to conventional and take out a HE...
Andre Aldubayan
Best Conventional Loan for Beginners
Hello all,
I am looking to buy my first rental property and am looking to start by using a conventional loan. The question I have is, is it better to go with a well-known brick and mortar bank, such as PNC? Or, is i...
Peter Holland
Down payment for conventional financing
I have an investor I'm working with to help locate a property to use the BRRRR method. He has hard money financing lined up. However he's looking into doing conventional financing as a secondary option. I've spoken to...
Austin Spitzenberger
FHA 3.5% or Conventional 5%
Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
Alice Foster
House hacking with conventional loan
I understand house hacking with a FHA loan will only work for up to 4 units, I'm wondering if it's the same for conventional? I'm still learning and just exploring my options. I'm considering partnering with someone t...