Denny Le
Duplex with 5% down, conventional loan?
Hi BP!I was wondering if there are any lenders out there that has a 95% LTV conventional loan for a duplex? I am located in Portland, OR/Vancouer, WA area.Thanks if anyone can help!
Jeffrey McKee
Conventional lending for owner occupy duplex
Hello,
I ran into a road block with my lender on a duplex property I found in Texas. He is telling me that the minimum I can put down on a duplex when purchasing both sides as owner occupant is 15 percent. This is...
Ryan Dossey
Hard money loan refinanced to conventional?
I have searched as well as dug through some of the threads trying to find an answer to this question. If this has been answered feel free to direct me.
As a new investor/just starting out I have a few questio...
Steve A.
Conventional mortgage limit with a partner
Hello!
I currently have 5 conventional mortgages. I have another 3 properties under contract with a partner. If both of our names are on the loan, it counts towards the ten mortgage limit for both of us, whic...
Account Closed
Conventional Loan VS. Hard Money Lender
Greetings BP! I'm currently in process of purchasing a home, I am a veteran and will be using the VA home loan. I have an agent and just recently he suggested that I use a hard money lender instead of a mortgage compa...
Dave Williamson
Conventional Lender - Aurora Financial - Low rates
Has anyone here worked with Aurora Financial for conventional mortgages? They are a lender out of Virginia who does in-house underwriting, quick closes, free float down, and appears to have quite aggressive interest r...
Account Closed
"Portfolio" loans are 10 conventional loans
Hi,I'm trying to get a handle on what my options are once I reach 10 financed properties. At that point it's into the commercial lending business; is every loan there on out 30% down, 5 yr adjusting rate? There must b...
Ross Drucker
Refinance Conventional Mortgages to Commercial Mortgage
Hello all,I've been a member and viewer on BP for a while, but this is the first time I am seeking some help. I currently have 3 conventional loans on 2 rental SFRs and 1 two-family rental. I'm reaching the limits ...
Valerie King
Can Conventional Buyers Purchase Short Sales?
Are short sales only for cash buyers, or can someone working through the conventional bank and realtor get involved with them too? Also, do wholesalers sell to conventional buyers, or does the speed at which they're l...
Michael Hartman
Conventional loans after Chapter 7 bankruptcy
I filed chapter 7 bankruptcy and this October 2022 will be 2 years after the case was closed. I have a credit score over 700 and have improved on it since I filed. I have researched and seen that for a conventional ...