Kelly N.
Split Financing- conventional and seller?
Hi all,
I was wondering if it is possible to finance a house with a conventional mortgage AND seller financing. The DTI allowed by the bank is restricting our ability to borrow for the next house, but I was thinking...
Hannah Wilkinson
Conventional Mortgages vs. Portfolio Loans
Hey BP Community!As I am forming a strategy to begin financing deals I wanted to know if there was an advantage to using conventional loans until I am maxed out at my 10 mortgages (thanks Fannie) or should I go right ...
Matt Romano
BEST conventional rates right now!
Will be closing soon on my first house hack :) Decided to do do things a bit differently than the norm by going in with 20% on a conventional loan (to avoid PMI), and to put me at a better equity position to borrow a...
Jeff B.
Converting construction loan to conventional
I just got a call from my lender saying that I'm going to have to bring an additional $2k to the closing table when I refi out of my construction loan and into a conventional. He said it is because they will only len...
Brian Kosack
Conventional down payment still acceptable?
Is a convention 20-25% down payment still ok? Seems like so many are talking about little to no money or at least not your own money. Is the old fashioned way still a reasonable route? Yes, it might slow down the...
Juan Pablo Murillo
Conventional Loan Closing Costs - Analysis
I want to start by saying that this is my first deal. This question serves two purposes, to educate myself and to allow others to get valuable and transparent information on closing costs of conventional loans for inv...
J Bess
Conventional loans beyond property #4??
I've just financed third investment property and have my private home. Did I just cap out on conventional loans for future real estate? I thought the rule was up to ten but seeing online discussions about the impracti...
Junior P.
Conventional loan at 10% down
Taking in consideration that prices are going up as well as interest rates and also FHA raised its mortgage insurance premium. what are the chances of obtaining a conventional mortgage Loan with 10% down? Many lenders...
Kevin Perez
St. Louis - First Conventional Purchase
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $56,000
This was a nicely situated 4 bed room that i was able to find at 55,000 was able to offer in at 54,000 but had ...
Mia Palatano
Multifamily Conventional Financing - 5% down?
Hello! One of my clients just asked if putting less than 15% DOWN on multifamily was possible. I checked with my go-to lenders and they didn't have any loan products that fit besides FHA. He will be an owner-occupant ...