Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago on . Most recent reply
can i finance a Investment Property that cost 40k
Hello House,
can i finance an Investment Property that cost 40k in Baltimore Md.
Thanks in advance
Most Popular Reply
Yes - you need to find a portfolio lender in your area. A portfolio lender is generally a bank (or credit union) that does not resell the loans it makes. Forget about national banks (Chase, Bank of America, etc.) and look to the smaller, regional banks.
Make sure it cash flows before you take out the loan - less expensive houses are tough to cash flow with a mortgage on them.