Navigating the world of real estate investing demands a keen understanding of various strategies and rules that can shape your success. One such rule that often comes into play is the “70% Rule.” This guideline helps investors assess potential deals by providing a framework for calculating the maximum purchase price based on property value and…

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1. Conventional loans A conventional loan is any mortgage that’s not backed by the federal government. Conventional loans have higher minimum credit score requirements than other loan types — typically 620 — and are harder to qualify for than government-backed mortgages. Borrowers who make less than a 20% down payment are typically required to pay private mortgage insurance (PMI)…

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