Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.

.: Quote from @Basit Siddiqi: I think it lies in that a lot of service providers in the real estate space are incentivized(money wise) to promote thier business.Real Estate agents are a small business, the more clients they have, the more money they make.Property managers are a small business, the more clients they have, the more money they make.Lenders, correct me if im wrong, are tied to some sort of bonus structure, the more loans they generate, the more money they make.More promotion leads to more awareness which leads to more money With all do respect I think REA's are commissioned sales people.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

Since i had capital and had access to my commercial banks for the best rates possible on vertical and horizontal loans..

You don't have to buy one, you can install an app on your phone that will accomplish the same thing.

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

Hey Makani, you should check out DSCR loans, which are primarily for investment properties and focus on the property’s income potential rather than your personal income.

Speak with lenders - and consider that although they might agree they could lend to you today - they might not be able to when you need the loan.Unless the existing debt has no due-on-sale provision, there will always be a risk of the underlying loan being called.If it were to be called due:1.

Review Anchor Loans, they have closed many investors I've worked with.

Another thought - are you considering an FHA loan on the next one?