Types of Financing for First Investment Property

Types of Financing for First Investment Property

Real Estate Agent · Niceville, FL · Member since 2019 · 13 posts · 1 vote

Hello everyone! New member here and diving head first into REI. In this article: https://www.biggerpockets.com/renewsblog/finance-y...

The author talks about 7 different types of financing for a first investment property:

  • 1.FHA
  • 2.VA
  • 3.Conforming
  • 4.Portfolio Loan
  • 5.Hard Money Loan
  • 6.Private Money Loans
  • 7.Seller Financing

What about conventional, ARMs, or an interest only loan?  I would think the latter would be good for a fix and flip since you're not planning to hold the property very long and you want low monthly payments.

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  • Lender · Rochester, NY · Member since 2014 · 3k+ posts · 1k+ votes
    7y

    @Scott Carlin

    3. - Conforming is Conventional

    I am glad to provide you with info on financing when you decide which route you want to go. There is also the availability of a renovation loan as well.

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