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Updated over 7 years ago on . Most recent reply

User Stats

887
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323
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Jorge Ruiz
  • Rental Property Investor
  • Los Angeles, CA
323
Votes |
887
Posts

Let's Hear It- Portfolio Loans- Good or Bad?

Jorge Ruiz
  • Rental Property Investor
  • Los Angeles, CA
Posted

Alright BP heres a question for you.

Recently heard a podcast and this guy states starting off with portfolio loans from the get go is the way to go. My plan is to acquire 2-4 unit properties in Milwaukee. I will be using a HELOC to pay for them and will be using the delayed financing exemption in order to continue acquiring more properties.

Will using portfolio loans work for this strategy? How much higher will my interest rate be? Whats good and whats bad about portfolio loans?

Thanks BP.

Jorge

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