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Updated over 8 years ago on . Most recent reply

Junior Salters's profile image
Junior Salters's profile image
Junior Salters
  • Rental Property Investor
  • from Spartanburg, SC
  • Member since Apr 26, 2013

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Junior Salters's profile image
Junior Salters's profile image
Junior Salters
  • Rental Property Investor
  • from Spartanburg, SC
  • Member since Apr 26, 2013
Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
56
Votes |
253
Posts
Private Lending & Conventional Mortgage Advice

Purchase of 3 Duplexes qualify for portfolio loan?

Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
Posted
Hey guys and gals, Quick question: I'm looking at purchasing 3 duplexes in my local area, would this still be classified as a conventional loan or commercial?
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Cody L.'s profile image
Cody L.'s profile image
Cody L.
  • Rental Property Investor
  • from San Diego, Ca
  • Member since Jan 31, 2013

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Cody L.'s profile image
Cody L.'s profile image
Cody L.
  • Rental Property Investor
  • from San Diego, Ca
  • Member since Jan 31, 2013
Cody L.
  • Rental Property Investor
  • San Diego, Ca
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied

Most commercial guys won't do it. A local bank that you have a relationship might.

If you're a W2 person I'd try to finance with conventional loans.

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