Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Commercial loan for 1st flip property in New Orleans
Hey BP,
I have a friend (real estate agent/invester ) that recommended that I looked into getting a commercial loan. She is currently using this type of loan to flip a house as we speak. Is there a good reason why I would use this over any other type of loan? This would be my 1st property (flip). It would be a single family home or multi family home in New Orleans that's worth no more than $130k. I'm not sure if I'm missing something but thanks in advance.
- Brandon