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What type of mortgage is best?

I am a newbie in REI and recently bought a single family rental property. We just finished rehab and it is now in the market for rental. I want to make sure that all bases are covered. I already prepared my Residential Lease Application, Lease Agreement, Background Check Consent Form, etc..am I missing something? I also have plans of getting more properties in the future to broaden my portfolio. What type of mortgage is ideal in this situation? by mcraigw363 from Akron, Indiana. Dec 9th 2021 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

The vast majority of people stick with a plain jane cookie cutter 30-year fixed. But without a full application to review, and a long conversation about your long and short terms goals, it is impossible to help you decide what tpe of mortgage is the best deal 'for you'. I lend for properties in MN WI IA ND SD. Find me at FirstTimeHomeBuyer-MN.com - Cambria Mortgage, NMLS 274132

Dec 14th 2021
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