Updated almost 6 years ago on . Most recent reply
What is your strategy for selecting a lender?
I am working on my first deal in St. Louis and seeking guidance on how to best select a lender for my first investment property. I have ~$20K for down payment and thinking I can purchase a property between $100K-$150K using conventional loan, with 10%-20% down. First off, is that realistic? I own my current residence so have that on my credit report. My initial strategy is to buy and hold. Should I use aggregators like better.com or lending tree on BP to compare quotes, or ask around for referrals? Thanks in advance for any input you can provide.