Balloon Portfolio Loan vs. Conventional Loan

[David Pham]

Hi, I'm working on my first real estate deal in St. Louis, MO. I am looking at different financing options. I am considering both conventional financing and portfolio loan options. The portfolio loan would be a balloon loan which from what I've read, can be a risky loan. I'm specifically curious about lender ability to call the loan where I am force to come up with a big payment.

I would love to hear from those who have used balloon loan options for your investment properties. What are your experience and what are some items I should consider?

Thanks in advance for your help BP family!