Mortgage Blog

15 Yr fixed is the "enemy" of your RE Investment Goal

January 26th, 2011 3:05 PM by Eric Fang

We managed to have a few loans approved by the
lenders. But the borrowers' 15 yr fixed program
made it harder. Since you will have more monthly
payment on 15 yr fixed, it will make you harder
to qualify for the loans, especially when you
plan to have 4-5 or more financed properties.

That's why we need to plan ahead of time when
you decide to invest on REO purchases.

Posted in:General
Posted by Eric Fang on January 26th, 2011 3:05 PM



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