Conventional loan vs. commercial loan vs. hard money loan. what are they? I want to enter ...
Conventional loan vs. commercial loan vs. hard money loan. what are they?
I want to get into real estate investing at a young age.
But as such, I have no experience in it, just the ive reading
Done.
So I know you can make conventional loans, but usually those
Top in 10 (so read ive)
1: What is the difference between conventional, and
commercial? Can both be paid over 30 a year? And it's more expensive
And why? (I read that its commercial but not sure why)
2: And what about hard money loans or private loans (they are
Him?), They sound like you're just getting money from someone
Because he is not a bank, and pay them back in a higher place
interest.
3? (Any input): (Not even mentioning a blanket / portfolio
Which I just heard about today, and they assume some of it is rolling
Loans into a larger one)
I really appreciate all the help and input.
Submitted by / U / GuiltyDifficulty
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[Comments]
Conventional loan vs. Commercial loan vs. Hard money loan. What are they?
I want to get into real estate investing at an early age.
But as such, I have no experience in it, only the reading ive
done.
So I know you can do conventional loans, but usually those
top out at 10 (so ive read)
1: whats the difference between the conventional and the
commercial? Can both be paid over 30 years? Which is more costly
and why? (I read that its the commercial but im not sure why)
2: And what about hard money loans or private loans (are they
the same?), to me they sound like you just get money from someone
that isnt a bank, and pay them back instead with a higher one
interest.
3? (any input): (not even mention blanket / portfolio loans
which I just heard about today, and are assuming its rolling a few
loans into one larger one)
I really appreciate any help and input.
submitted by / u / GuiltyDifficulty
[visit reddit]
[comments] ——————————————————————
Sat, 22 Jun 2019 07: 50: 11 + 0000
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Conventional loan vs. Commercial loan vs. Hard money loan. What are they?
I am wanting to get into real estate investing at an early age. But as such, I have no experience in it, only the reading I have done. So I know…
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