fixed rate loans for investments

[John Jasko]

I've been told by a few local lenders that the only conventional loans available for investment properties (duplex or triplex, I will not be living in the property) are 15 year fixed or 5 year ARM. However, I hear/read BP folks talk about 30 year fixed loans. What really are the options?

[Raymond J. Rodrigues]

Everyone is giving responses to everything but the question that he is asking. We need less soliciting and more knowledge being contributed to these forums.

@John Jasko your speaking to the wrong conventional lenders. 2-4 units for investments, with conventional financing require 25% down and come primarily with 30 year fixed options. You may have the option of taking an adjustable rate mortgage. If you have any other questions, always feel free to reach out.