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Updated about 7 years ago on . Most recent reply
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30 year SFH investment loans?
In this market I am having trouble finding loans for investment properties that are long enough to make the properties cash flow. Best I have found with limited research is 20 yr fixed or a 25 yr variable that resets every 3 yrs. I am looking to invest in Ellis County TX, but I would be willing to work with any DFW lender or even remotely if required. Any leads are appreciated
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Originally posted by @Charles Campbell:
In this market I am having trouble finding loans for investment properties that are long enough to make the properties cash flow. Best I have found with limited research is 20 yr fixed or a 25 yr variable that resets every 3 yrs. I am looking to invest in Ellis County TX, but I would be willing to work with any DFW lender or even remotely if required. Any leads are appreciated
That sounds like commercial loan terms. Is there a reason you can't go residential for 30YF? Talk to @Andrew Postell