Jerry Pollio
Financing Strategy HELOC or Conventional Loan
I have been approved for a HELOC, original thoughts were to use for the down payment/closing costs on investment properties. My concern is by using the HELOC as mentioned then applying for add'l conventional loans as ...
Prashant Sharma
Looking for conventional refinance in Florida
Hello BP members,Any recommendations for a bank/broker who can refinance a property I own in Orlando? Looking for someone that can do a very low cost refinance.Thanks and have a great day!
Ahmed Mirza
Conventional mortgage with a partner dilemma
Hello,I have a dilemma with obtaining a conventional mortgage with my partner. My partner and I are looking to start investing in non-owner occupied SFHs and have decided to go 50/50. We were initially planning to obt...
Ryan Clevenger
Conventional Loan: Should I be honest?
I've started the process of talking to brokers about getting a conventional loan(preferably FHA) to do my first flip and I'm straight up with them by telling them I attend to flip the house as soon as possible. A cou...
Brittani Virgilio
Conventional Vs. Portfolio loans for rentals
Hi everyone!
I’m not as familiar with portfolio loans and would love everyone’s insight or knowledge. When financing a multi family rental (not to occupy) what are the advantages and disadvantages when using a conve...
Joe Bostick
HELOC to Get a Conventional Loan
Hello! I'm looking to buy a SFH in NY within the next couple months. I plan to live in the house for 2 years before eventually renting it out. I can easily set aside 10k to use towards a down payment. Houses that I'm ...
Caleb Childs
Cash-Out Refi or Conventional Loan
My fiancé and I are in the process of closing our first deal using private money. The property is a SFH and we are trying to decide whether to flip or use BRRRR Strategy...my question for BRRRR is if it would be best ...
Moncy Samuel
Heloc vs conventional mortgage for duplex
Hello BP
Need some advice on the financing side of duplex property that I am ready to close before end of the year.
I reached out to my lender for a conventional mortgage for the amount of $61k (purchase - 25%) and ...
Nathan Wiebe
Canadian Conventional Mortgage in the US
Have any of the Canadian BPers been able to get a conventional mortgage on any of their properties in the US? If so, what was the process?
Joe Morelli
Re-finance from 203k to Conventional?
I'm considering buy a 3 family as my first investment property. Thought is to owner occupy 1 unit and rent out the other 2.(Hypothetical Situation)149k asking price130k purchase price50k rehabARV value - need to confi...