Looking at hard money loans to rehab cosmetic properties and then either refi into a DSCR or a traditional conventional investment property.

If a co-host/PM is trying to charge you for questions that you definitely need to ask each potential candidate just to make sure they know what they are doing, RUN.

On the same chain of thought I have another question.I have one property in decent location at decent rent but I still have 10 year more mortgage as I did refinance to 15 year mortgage about 10 year ago at 2.99 interest rate with major bank which i believe is conventional loan not FHA.Is it good idea to close this sp500 401k voo roth ira account and move this money towards above decent property(even then it will cover only half of the mortgage amount not complete remaining loan amount)? 

Quote from @Kim Bretz: I'm a new flipper and everyone wants to charge me 18-20% down. 

Hard money and bridge lenders can also hit a two-to-three‑week window if you’ve pre‑underwritten your file and the scope is light; conventional or DSCR usually run 30–45 days.

.• I offer a full range of conventional, DSCR, investor cash flow, bank statement, and portfolio multifamily loans.• Yes, I can communicate directly with listing agents to help strengthen your offer and show that financing is solid.• The money I lend comes from reputable wholesale lenders and banks I’m approved with — all underwritten through standard agency or investor guidelines.• For down payment assistance, those are generally limited to owner-occupied deals — happy to run through what’s available if you plan to live in one of the units.• To start, I’d just need some basic info about your goals, income, credit, and property type — we can figure out the best fit from there.• Pre-approvals usually take 24 hours or less once I have the necessary info.• Yes, I have rate lock programs available through several of my lenders.• I can absolutely share references and reviews from clients, including some who are active here on BiggerPockets.• And yes, I regularly connect clients with investor-friendly agents, property managers, and insurance pros in the area.If you’d like, we can set up a quick call or Zoom to talk through what you’re looking for and get you pre-approved.– David Stephens

Quote from @Anne Connor: Hello Everyone,I’m trying to buy my first legal 3-unit in Chicago using the 5% down conventional owner-occupied program.

For financing, line up conventional or DSCR, then add safe creativity like seller credits, rate buydowns, or small seconds; build relationships with local banks and a PM first.

Use conservative financing that protects sleep at night: conventional or DSCR with solid reserves, or buy with seller/private money then refi once stabilized.

And when they do build dorms most schools will charge a huge fee.