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Updated over 9 years ago on . Most recent reply

User Stats

23
Posts
1
Votes
David Pearson
  • Investor
  • Shreveport, LA
1
Votes |
23
Posts

Banks for 30yr loans

David Pearson
  • Investor
  • Shreveport, LA
Posted
Does anyone know a bank that will do a personal investment loan over 30 yr note. I'm having a very hard time finding a bank. I live in northwest Louisiana.

Most Popular Reply

User Stats

311
Posts
58
Votes
Michael Faulk
  • Realtor
  • Shreveport, LA
58
Votes |
311
Posts
Michael Faulk
  • Realtor
  • Shreveport, LA
Replied

@David Pearson... I think you first need to educate yourself on the basics. Read "The Ultimate Beginners Guide to Real Estate Investing."  After you're done with this listen to ALL of the 131 Podcasts. You're gonna get burned very bad if you don't properly educate yourself and you will lose money...

"where can i find a traditional 30 fixed mortgage? I don't mind that it is secured through the property." Start with approaching the financial institution to which you do all of your personal dealings. Set an appointment up with the mortgage banker and start discussing what you want to do. 

I suggest you read and educate yourself. 

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