Non commercial loans for investors in non occupied properties

[Skyler Carpenter]

Hello all,

New to Bigger Pockets and real estate investing. So far I have been in "education mode" trying to learn as much as possible. I have looked at a single-family home and a triplex. I have contacted a couple of banks to ask what my financing options are. I have been told that if I don't occupy the property, my only traditional financing option is a commercial loan. I keep reading books and listening to Bigger Pockets podcasts (amen to those!), hearing about people financing properties for 10% or less down but I don't find any information that elaborates on it unless it is owner occupied. Can someone point me in the right direction or elaborate on the different loan types that are available? Any help would be greatly appreciated!!

I hope this is posted in the right spot?!?

Skyler

[Skyler Carpenter]

I wish ther we're local meetups. I have look and there is nothing in the rural area I live and am looking to invest. I have a list of lenders that I'm going to call and see what they can provide. I appreciate the replies and advice!