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Updated over 2 years ago on . Most recent reply

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203
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Brock Dowis
  • Investor
124
Votes |
203
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In need of an investment property lender

Brock Dowis
  • Investor
Posted

Does anyone have a lender they would recommend on an investment property purchase. I am looking to do a Sfr ltr. I believe the property will appraise for 50-70k more than purchase price and want To use that equity as part of the down payment. 

Thanks in advance everyone

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1,460
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Matthew Crivelli
  • Lender
  • Massachusetts
914
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1,460
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Matthew Crivelli
  • Lender
  • Massachusetts
Replied

Would be happy to take a look! If you are buying with built in equity it's best to purchase with a short term loan. This is because you don't have any type of pre-payment penalty to deal with when you go to refinance. (if the objective is to access a some of that equity quickly) @Brock Dowis

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Freedom Capital Funding, LLC
5.0 stars
19 Reviews

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