Paul Singer
Indianapolis Conventional Mortgage Lender Recommendation
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 ...
Antoine Martel
Memphis Conventional Mortgage Investment Property
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...
Greg Brooks
STR vacation vs conventional loan
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...
Leon Lee
Conventional loan on multifamily property
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...
Josie Kelley
HELOC/LOC and Conventional Loan???
Hello all! I'm hoping to gain a bit of insight into my current situation. I plan on using a conventional loan to house hack later this year but I need funds to make my current home rental ready. I was thinking about a...
Andrew Simms
Conventional or Commercial - Lending Question
Hi BP Community! I am getting started and had a few questions regarding financing. My initial plan was to BRRRR a SFH using a HELOC on my primary residence (roughly $100k in accessible funds). My plan was to fund the ...
Chandler Smith
FHA loan refinance to conventional
I read an article awhile back about refinancing an FHA loan to a conventional loan. If I remember correctly in order to refinance you must have 20% equity in the house.
So my question is: If I bought a house on an FH...
Donald Bastien
VA Loan vs. Conventional Loan
Hello, I am getting out of the military & moving to Miami Florida next summer. Should I use the VA loan with a 30 year fixed rate mortgage & 0% down and house hack or should I remain patient, continue saving a...
Garrett Ayers
Utilize FHA or Conventional Loan
Should I utilize an FHA loan on my first home purchase or use a conventional loan? I would be purchasing with the intent to rent it out after a year of living as the contract will require. Is an FHA a good investment ...
Jason Maguire
Conventional Loan Help- Primary Residence
Hi BP Team,I've been looking to move out of my current house (SFH) and am looking to buy a 4 unit that I intend to live in for the next few years. My plan was to utilize a primary residence conventional loan & put...