Buying our first property

[Adriana Mendonca]

Hello BP friends, my son and I are newbies, we are learning with BP fam a lot. At this moment, we have a contract on a condo that initially was to be a conventional loan and end up not possible because of the ratio. My loan originator person is suggesting a commercial loan ( 4.25% and 5% prepayment penalty fee). That changes the number and doesn't cash flow, after taken the variable expenses $, we will be negative $60 monthly. I am not sure if there is any other way to see look at this deal in a positive way because our initial plan was to have "some" cash flow... Please any thoughts?