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Updated almost 6 years ago,
Different Loan Types Cheat Sheet
Hello BP,
I've been doing quite a bit of research on different loan types, and I'm wondering if there is a one stop shop to get all the Infromation or like a "cheat sheet" that will explain all the different loan types all in one place, rather then me reading a long article on each loan type.
I would love to see some sort of chart or article, that lists EVERY OPTION and will give some basic terms/stipulations.
The main point, is that I'm trying to figure out the maximum amount of real estate I can purchase with minimal down. My understanding is anything commercial will need to be 80-90% LTV. Owner occupied as low as 3.5% down.
I do work in real estate development, and have a lot of experience in development. Just not on the financing side. I am very comfortable with doing my own development, just need to find a way to do it with as low of a downpayment as possible. From my understanding a 4-unit would be the only way.