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Updated about 1 year ago on . Most recent reply
![Pedro Porc's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2354684/1695804799-avatar-pedrop70.jpg?twic=v1/output=image/cover=128x128&v=2)
Type of Loans Available
I'm looking to position myself to have maximum purchase power in the future - In essence, I'd like to be able to have lines of credit to be a little real estate fix/flip fix/hold type of person/company.
I have great credit, good income, good numbers on bank-statements and have multiple properties paid off and available for collateral.
What type of loans should I be looking for? Any place you can steer me- to be gin my research.
Greatly appreciated.
Most Popular Reply
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Hi Pedro,
Ultimately, you can do all - flips, buy&hold, short-term airbnb, etc. But you can't start all at the same time so you'd have to choose one to start with. Here's some options for different types of RE investing and different loan products:
Long-term cash flow investing: DSCR loans, conventional loans
Look into short-term/AirBnb: short-term rental loans, dedicated airbnb programs
Fix&Flips, BRRRR: hard-money loans, cash-out refinance