Posted on: 20th Feb, 2011 02:55 pm
My Mom and I have identified a 4family we would like to purchase for investment (NJ). Its a great investment and we have the dp. We are unsure how to shop for the lender to finance our investment. We are aware we would be hit with points/fees, but which lender would offer us the best product?
Can anyone offer some advice? How do we shop for the best and lest expensive loan?
Can anyone offer some advice? How do we shop for the best and lest expensive loan?
Any lender should be able to help you - it will have to be a conventional loan since that is the only product out there for investment
Do you know if you qualify? There is a lot more to an investment that just having the down payment - Credit scores/income/reserves etc will be looked at - Good Luck it can be a great way to secure your future if it all comes together
Do you know if you qualify? There is a lot more to an investment that just having the down payment - Credit scores/income/reserves etc will be looked at - Good Luck it can be a great way to secure your future if it all comes together