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Updated over 2 years ago,
Trying to ask lenders the right questions
Have appt to talk w lenders tomorrow. Seeking 1st investment. Heard on a BP podcast that a duplex could be used as my primary res while renting another side as long as i stay for 1yr I would be able to roll out and purchase another to start building a portfolio. It seemed in the podcast that these loans can be had w lower % down payments. What is the vehicle/strategy called that i can bring up to lender so that I an getting correct info and so that i can research?
Im trying to figure out how to ask the right questions to get real answers. Thank you