Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Physicians Loan
Has anyone ever heard of/used a physicians loan? I heard about it in passing from one of my colleages, who said he's taking one out from Bank OF America. 3.5% interest, low minimum down payment, and no PMI. I looked into and I am wondering if it is a good alternative for a FHA loan, and if it is possible to be used for a distressed property duplex. Can an eventual be used as an investment property? Can I be refinanced? Thank you all.