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Conventional Mortgages vs. Portfolio Loans
Hey BP Community!
As I am forming a strategy to begin financing deals I wanted to know if there was an advantage to using conventional loans until I am maxed out at my 10 mortgages (thanks Fannie) or should I go right to using a portfolio lender? The types of properties I plan on acquiring are older multi family (1-4 units) homes that are in need of rehab. I hope to use the BRRRR strategy.
Looking forward to hearing your thoughts!