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I know the option of 3.5% down payment with FHA 1-4 units, but is it possible to get 5% owner occupy conventional loan on a 4 unit? If so, please share your contact or inform that this is not possible. I have only com...
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Hi everyone, wanting to start my real state journey. I been working towards getting my first multi family unit. I was pre-approved for a fha loan, but most of the units that I find are either cash sales, conventional ...
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Hi guys I currently have an FHA loan on my townhome that I purchased Aug 2019. I currently have a 3.5% 30 yr fixed and was looking into getting a 2.875% 30yr fixed conventional (main reason is I want to get rid of the...
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Hi guys I currently have an FHA loan on my townhome that I purchased Aug 2019. I currently have a 3.5% 30 yr fixed and was looking into getting a 2.875% 30yr fixed conventional (main reason is I want to get rid of the...
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Hello BP!
I am a prospective investor. I have a list of multiple properties I believe will be good investments. Do you think it will be best to try and get conventional lending for each of the places, or will it be a...
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Hello Bigger Pockets - My girlfriend and I are newbies and still developing our long term strategy - Something popped in my mind regarding loan limits ie: number of loans allowed per person vs. number of loans allowed...
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I have just bought a turnkey property for cash in Indianapolis and would like to put a conventional mortgage on it to pull some capital back out. I am an out of state investor. Does anyone have a recommendation on an ...
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Hello!I'm buying a rental property in Memphis and it is a turn-key property. The purchase price is higher than the appraised value. Is there a lender who will lend me 75% of the purchase price and not give me a loan b...
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Hello BP community.
I was wondering what everyones stances are with the 10% vaca loan vs the conventional 20% or higher loan. 10% sounds great, and I'll be able to vaca there to meet whatever the req. is for block ou...
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Hi, AllI have a question regarding the conventional loan on a triplex and would appreciate your information on it:Suppose I want to house hack a triplex and plan to move in to one of the units. Currently the other two...