Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

97
Posts
29
Votes
John West
  • Investor
  • Bath, ME
29
Votes |
97
Posts

How do I get 30 year term?

John West
  • Investor
  • Bath, ME
Posted
I get why 30 year loans are best, and I'm not posting to debate that. I'm trying to achieve it. I've called 10 different banks mostly small or local credit unions. I can't find anyone who gives 30 year loans. I'm purchasing my second property now and debt to income will be a problem with my next property. (I just purchased my first property 4 months ago and no one wants to count income from that until it's been a year). As soon as I say "LLC" or "investment property", everyone tells me the max term is 20 years. Does anyone have advice on finding banks that will entertain a 30 year mortgage for investors? Is anyone else having the same problem?

Loading replies...