Hello,I am considering using a conventional loan to purchase a property that I would rehab and then sell. Since the conventional loan wouldn't work for the rehab costs, what kind of loan would work best to cover the r...
Hi All,Buying Rental Properties - Turn Key - No potential Equity Good Fico Score - 700+ with 3 late payments from last year. Hard to get conventional loans. Is there any alternative?Please advise.Thank you,
Okay I went today to the bank just to get an idea what I may borrow. I mentioned to the loan officer that it will be NON owner occupied. I told her my intentions of buying a duplex or SFR and renting out. I was tol...
We financed our first investment property with a conventional. Our initial plan was to lower capital gains tax by holding and renting for a year. Now that we are almost finished renovating the home we are thinking abo...
I’ve been looking at rental through conventional lending. What are you guys getting for 500k duplex 25% down in regards to rates and points for great credit as a first non owner occupied property? We are in Columbus...
Hello All,
I am purchasing my first residential property (have an investment property out of state). My partner and I are unmarried with plans of marrying once it is more advantageous. We will need to apply for the ...
Hello Investors! I’m really interested in buying a duplex and renting out both units. I may have the opportunity to be approved for a 3% conventional loan. In my search I was trying to recieve an FHA BUT WAS OFFERED T...
Hello! My name is Joey, I am just starting out with real-estate investing and I am in the education process. I’ve decided I want to do long distance investing in single family homes. Specifically, I am considering 3 b...
Is a conventional rehab loan a good option? How can I find out if the property cash flows good or will be worth it if I wont know the value of the rehab hence the total amount of the loan until the lender sends inspec...
Is FHA loan the best and why? What about Conventional? I was told that FHA loan wasn't a good idea for a owner/resident property.