Credit union or portfolio lender?
Hey BP,
I'm looking to get my second property and am looking to buy a 3/4-plex. I recently got some advice from one of my mentors to open an account with a credit union and establish relationships there for the financing on it. Would it be better to use a credit union or find a portfolio lender for the purchase? I'm looking for a value-add property in need of moderate repairs. Also I'm possibly looking for FHA/203k financing, is this possible with a credit union?