I’m buying a primary home and all lenders pushing the 10 year fixed loan (variable after 10 years).

anyone who is teaching people to call banks to get loans has no clue what they are doing, there was one guru who had one student get loans from a bank and then sold it into 5 programs only to make themselves money.

all paid for with cash.no credit cards. no school loans owed. when we shopped around for rates on a mortgage in May, 1 broker said to me twice, "you mean you really have no debt except for your mortgages?"

I am considering as a first time buyer to utilize the BRRRR method on my personal home, while also using a 203K loan to finance and rehab the property.

For example, in about 1 year both my car loan and student loan will be paid off.

This is a great illustration of the perils of online forums.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

Usually you get a long term loan from a conventional lender like a DSCR loan that is based on the property income.

We fully own the property, but an equity loan minimum is currently more than we qualify for, can't find a personal loan, all due to credit scores.

All of the loans I've had have the option to do this.