Updated over 7 years ago on . Most recent reply
Commercial vs Conventional Loan
My husband and I are getting ready to purchase a SF rental property. My accountant referred us to a commercial loan officer at a local bank, because that's how he purchases his rental properties. I haven't heard Brandon mention using commercial loans for "non-commercial" property. We would appreciate any thoughts, educated opinions, or ideas on this subject.
Most Popular Reply
The main reason to get a commercial loan would be if you are not bankable for a conventional loan.
If you have good credit and good income you should be seeking a Fannie/Freddie conventional loan.