What other types of loans are there besides DSCR for Multi-family?
Hey guys,
Just trying to learn more about options available for multifamily loan products that are out there. I'm very familiar with how DSCR loans work, as well as hard money fix n flip since I primarily use fix n flip loans constantly for my business(I don't own any multifamily properties yet, I primarily do fix n flips at the moment).. But, I was curious to see if there was some topics or if anyone can give me a better understanding on how other loans work, such as the freddie mac or fannie mae ones or any other type of loan products. I'm not too familiar with these loan products, and I know I should be since they seem very important as I'm hoping to purchase a multifamily property sometime this year or the next when I come across one that I like. So, I was hoping someone could explain these type of loans for me, or perhaps direct me to a resource so I can better understand how they work, what their requirements are, and all that fun stuff.
Thank you!