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Updated over 3 years ago on . Most recent reply
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Conventional vs Investor-Friendly Loans
Hey all,
I'm just getting started with out-of-state real estate investing and I'm curious about which style of loan to look for.
Do I stick to a conventional loan while I'm learning or go straight for the more "investor-friendly" loans such as "Fix to Rent", "Stable Bridge", "Multifamily Value Add". etc.
I am focusing on small multifamily properties (2-4 units), but I am also taking a look at some single family properties as well.
An additional question would be whether I speak with national lenders like BiggerPockets partner lenders or focus on lenders in the area I'd like to purchase (San Antonio).
Any help would be greatly appreciated!
Thank you!