Fitter12 Posted July 12, 2023 Share Posted July 12, 2023 Hi everyone, I hope you're all doing well. I have a question regarding obtaining a loan for real estate purposes. I've been considering investing in a property, but I'm not entirely sure how to go about financing it. Can anyone shed some light on the options available for getting a loan specifically for real estate? Are there any specific requirements or qualifications I should be aware of? I would greatly appreciate any insights or personal experiences you can share. Cheers, Quote Link to comment Share on other sites More sharing options...
Admin MarvBear Posted July 12, 2023 Admin Share Posted July 12, 2023 In one of your other posts, you were inquiring about a payday type loan. Is your credit impaired to any degree? Quote Link to comment Share on other sites More sharing options...
Fitter12 Posted July 13, 2023 Author Share Posted July 13, 2023 Nope, actually I'm looking for a loan to jump into real estate. Quote Link to comment Share on other sites More sharing options...
Fitter12 Posted July 13, 2023 Author Share Posted July 13, 2023 (edited) On 7/12/2023 at 9:22 AM, Fitter12 said: Hi everyone, I hope you're all doing well. I have a question regarding obtaining a loan for real estate purposes. I've been considering investing in a property, but I'm not entirely sure how to go about financing it. Can anyone shed some light on the options available for getting a loan specifically for real estate? Are there any specific requirements or qualifications I should be aware of? I would greatly appreciate any insights or [OUTBOUND LINK PROHIBITED] personal experiences you can share. Cheers, May I know about the requirements and qualifications to get a loan? Edited July 31, 2023 by IndyPoolPlayer Outbound Link Removed Quote Link to comment Share on other sites More sharing options...
Glacier Posted July 13, 2023 Share Posted July 13, 2023 You would apply for a mortgage for investment property. I would suggest reaching out to a mortgage broker. MarvBear 1 Quote Link to comment Share on other sites More sharing options...
Admin MarvBear Posted July 14, 2023 Admin Share Posted July 14, 2023 @Fitter12 Why did you report this post? I am going to dismiss the report as non-actionable. It might be more appropriate to ask your question in the Mortgage Forum. At any rate, people will respond when they see the post and have information that might help you and as they have time. Quote Link to comment Share on other sites More sharing options...
8ball Posted July 14, 2023 Share Posted July 14, 2023 If you're looking to invest in real estate, I would suggest a visit to the Bigger Pockets Forum. https://www.biggerpockets.com/ There are many products that range from conventional loans, Gov. secured loans and hard money that can all be used to buy investment properties. Quote Link to comment Share on other sites More sharing options...
hegemony Posted July 14, 2023 Share Posted July 14, 2023 @Fitter12 why is there a weird outbound URL for the word "appraisal" in the quoted post? IndyPoolPlayer 1 Quote Link to comment Share on other sites More sharing options...
A Credit Ed Posted July 14, 2023 Share Posted July 14, 2023 That's one eagle eye there Hegemony. hegemony 1 Quote Link to comment Share on other sites More sharing options...
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