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All Forum Posts by: Yia Vang

Yia Vang has started 1 posts and replied 2 times.

Post: Residential vs Commercial loan as a 1st time buyer

Yia VangPosted
  • Rental Property Investor
  • Santa Clara, CA
  • Posts 2
  • Votes 0

I will be buying my first investment multi-family property. As a first time buyer, would it be easier to obtain a residential loan for a 4-plex or a commercial loan for a 6 to 10 plex? I will not use FHA or will I be living in one. Credit history is very good and 20-25% down payment is no problem. Thanks BP as this is my first post.

Post: How soon can you buy 2nd Investment property?

Yia VangPosted
  • Rental Property Investor
  • Santa Clara, CA
  • Posts 2
  • Votes 0

@Hyunwoo Shin only 67k a year, focus on getting six figures first, than second stream of income will come easy. I'm at 100k than 120k and 150k, I just started looking into at REI to supplement my first stream.