Should I Tell The Bank I'm Investing In Real Estate?

[John Graham]

Hi all,

I'm a first timer looking to get financed for my first REI. However, I'm noticing that when i disclose to the banks that the loan or business LOC would be for an investment property they get weird. So my question is: Should I apply for a conventional home loan as an individual or go for a business LOC or loan to finance my first property.

Other details:

- Looking at multi-unit properties (3-4 units)

- Looking to finance about $20-$50K (LOC for $20k or Home loan for $50k

Any and all feedback welcomed. Thanks!