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Updated over 5 years ago on . Most recent reply

Eric Piccione's profile image
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Eric Piccione
  • Investor
  • from Cincinnati, OH
  • Member since Jul 25, 2019
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Eric Piccione's profile image
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Eric Piccione
  • Investor
  • from Cincinnati, OH
  • Member since Jul 25, 2019
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Eric Piccione
  • Investor
  • Cincinnati, OH
23
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Buying & Selling Real Estate

Investment for 2 unit, do I need 2 loans?

Eric Piccione
  • Investor
  • Cincinnati, OH
Posted

I apologize if my pea brain does not comprehend this concept. If a seller is giving 2 units for the price of 450k, would this mean I acquire only 1 loan? Even if it is 2 completely separate units?

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Chris Mason
  • Lender
  • California
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Chris Mason
  • Lender
  • California
ModeratorReplied

2 "units" on 1 "property" gets 1 loan.

2 units comprised of 2 properties gets 2 loans.

  • Chris Mason
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