What's the difference between a commercial loan and a conventional loan...besides interest rate?
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...
Hello, I was wondering if anyone could recommend any investor friendly lenders that they have used to refinance a rehabbed property from hard money to a conventional loan for a buy and hold situation. The property is ...
Hello all, after what seems like countless hours of prep I am ready to make a move! My intent is to pick up some rentals and create some cash flow.
I Just received a pre approval from a bank for 200k with 20% down....
I have a unique private loan from someone who has put stipulations on my land use. He has built into the loan terms that I cannot sell the property, subdivide, build or really do anything to the property until there h...
Hello BP folks,I read online that there is a half-year depreciation convention regardless of when the fixed asset is purchased and wanted to get confirmation that it would apply to real estate investment as well. So i...
Maybe I'm nitpicking, but I'm applying for a DSCR loan and this is the second broker that is marking it as "Conventional." They say its because there's no "DSCR" block (true) but why not mark it as "other"?? My conce...
Is it possible to use a conventional loan to finance a property won on an auction? I’m preparing for an auction where I don’t have the cash to purchase a property from an auction. It’s states that it is a cash only a...
Hello all,
I've come across a deal listing that has a forrplex and a home in one listing. Can I use a conventional VA loan on this. Appreciate you insights.
Hello, I am new to BiggerPockets and have done some research through the forums as well as listened in to the podcast. I am formulating a traditional house hacking strategy for the upcoming year, preferably in the Arl...