Updated almost 7 years ago on . Most recent reply
Types of Financing for First Investment Property
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.