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So I’m working everything out to get started investing. I’ve heard it’s best to work backwards. I’m looking to do a hard money loan and do a cash out refinance with a conventional loan in 6 months or so to repay the H...
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I’m doing the Brrrr method.Have a house I’m interested in.Purchase Price: 152kReno: 20kARV: 205kI got preapproved for a conventional loan at 4.52% for the 152kBut I also have 100k in cash that I can access.To keep it ...
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Good morning everyone! I've recently started the venture of real estate where I'm looking to buy a multi-family property to avoid paying a $1,350 monthly rent I've been paying for 1 year. To me it's time to move on a...
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Would it be a good idea if I would to purchase a Home under a conventional loan and seek out a private money lender to help fund the Rehab cost ?? Has anybody else used this strategy ? Or is there a better strategy fo...
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I am purchasing a 2 unit property, and I am going to live in 1 unit. How long is a borrower required to live in a home if they bought the home with a owner occupied conventional loan?
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I am looking to buy my first rental property within the next couple weeks. I have found a 2bd/1ba originally listed at 38,900 that dropped to 30,900. It needs about 8k to rehab. I thought about offering 25k and on my ...
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I am looking to purchase my second rental property soon; however, this time I will need financing. My question is first, will my LLC have a problem getting financed since it doesn't really have a credit history? I d...
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Hello all! Is it possible to do a double closing with a conventional loan method such as if the client goes through the bank or fannie mae or would it even be possible to have a deal like this assignable at all? If so...
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What's the difference between a commercial loan and a conventional loan...besides interest rate?
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Hi all,I currently have a conventional mortgage on a townhouse I bought a couple years ago. I am currently looking to house hack a duplex and keep the townhouse and rent that out as well. I was told by a mortgage le...