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Updated over 3 years ago on . Most recent reply

User Stats

169
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37
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Tim Sipowicz
  • Rental Property Investor
  • Lockport, IL
37
Votes |
169
Posts

Rental Loan Programs

Tim Sipowicz
  • Rental Property Investor
  • Lockport, IL
Posted

I have been researching rental loans for a little bit now and wondering if anyone has used them or heard any horror stories. Seems like a pretty straight forward process to where the company itself is now your private lender, you pay the monthly interest and then when the rehab is done, they roll everything into a 30 year fixed loan. Am I missing anything? Are there certain questions to ask these lenders when researching which one to use? Thanks 

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