Cash out refi sounds like conventional financing to me and that is when people start to get into trouble.

I have checked with banks and credit unions but they all follow fha guidelines for conventional loans as well.

Most conventional lenders don't allow to you to use borrowed funds for downs You may have to season the funds by keeping them in the bank for awhile before they would be acceptable to a lender.

Sometimes they will want to split profits, other times they will charge you monthly interest.

:It's what the fair tax concept is based upon, of which I am a proponent....sorry if I am too simple...maybe I should find something else to do...One has absolutely nothing to do with the other...and the two financial models are completely different...The Fair Tax is -- in theory -- a fixed, non-negotiable tax charged to a pre-determined party (the end-user).

My point here is that we are flexible and determined to do whatever makes the most sense.Help me: Strategically figure out how to leverage, say $40k into our first few properties - I am familiar with tons of creative financing options but I'm interested specifically in conventional financing using our good credit to get started.

I taking this first step in real estate for freedom from the conventional 9-5 and working 30 years before retiring.

However, I just asked the title company for a copy of the pre HUD-1 and it shows that the seller has incur some charges (e.g. title services and lender's title insurance).

To be honest, once I passed my exam, I had about 20 solicitations from managing brokers in the mail over the course of 3 weeks.To start, pick a firm that doesn't charge desk fees.

i want to charge them $100 to clean it and they think it's "normal wear and tear". what's so normal about having the carpet dark in the areas where furniture was not present?