Andreas W.
Basic question to conventional financing
For calculating cash returns, I am wondering if the lender finances let's say 80% of the purchase price or 80% of the (purchase price minus the earnest money). Or will the earnest money get used to pay my closing c...
Craig Micon
Seeking Lender Referral (conventional financing)
Hi, I'm looking to do a cash out refi on an investment property I own in Indianapolis. I'm looking for conventional financing. At this point, I'm comparing rates and would like to apply for a loan within the next mont...
Anthony Patrizi
Switch current fha to conventional?
Hi BP,I recently met with the mortgage broker I used to finance my duplex with an FHA loan and asked if I qualified for another FHA because I just got married and also have a step daughter now. He said he thought they...
Soham Sakpal
Multfi-family lending conventional/ FHA
How does financing work for multi-family FHA/ conventional loans? What additional documents would the lender require for conventional loans?
Michelle Sharko
Heloc loan or Conventional loan
I have a vacation home that has no mortgage and we are trying to pull out equity from it to purchase another property to use as a rental and vacation spot. We only have my husbands income, I'm retired and stay home t...
Brittany Edwards chu
Private money or conventional loan
Hello! I’m a newbie investor looking for my first deal and the home I’ve had my eye on (fix and flip) just went on the market. My market is very hot, and I know this listing will be snatched up. I spoke to my mortgage...
Michelle Chevalier
Confused about conventional versus DSCR
I am trying to purchase a second SFH investment property. I have one SFH rental that I purchased in 2021 using FHA (it was my primary residence at the time). I am trying to get a conventional loan this time around for...
Warren Sterling
Lending Options: Conventional or Commercial
First of all....Thank you for your answers and your experience!
I am using an investor and he has offered to go to any financial institution and get a loan and/or line of credit to help me grow our money.
...
Account Closed
Conventional Bank vs. Credit Union
I'm curious what other folks prefer for a business account - a credit union or a conventional bank. I am thinking of moving accounts and have been thinking about the good and the bad.It seems credit unions are more co...
Bryn Joynes
Understanding Mortgages, Conventional, commercial rate.
Let me start simple. We have a home which is paid for.We have a condo with $116,000 balance 5/30 ARM, two years in.Want to start investing in SFH. Plan is up to 10+ properties or $40k- $50K total cash flow which eve...