We like to use the analogy that loan products are just tools to have in the tool chest. While conventional financing is the perfect tool for you primary residence, it may not be such a great tool for an investor looking to buy multiple rental properties. This video is a basic illustration showing the difference in which the industry has coined the term, “rental loans.”
While the term “fix & flip” has been showed in a negative light at times, there are few investment strategies as powerful as this one. This is not a “get rich quick” project, in fact, they are often very hard work. However, an investor can make life changing income by simply taking a run down property and bringing it up to modern standards. The video shown here is a before and after of a project completed by First Equity Homes.