SFH buy and hold financing

Financing, Hard Money Lenders, Private Money
1

I THINK this looks good:

SFH. Comps in area are 325-350K. Can pick up the house for around $250K. 3/2 Very pretty house. Owner just needs to get out.

3/2 apts in the area are renting at $1700/mo.

So, HML? or try something different?

Thanks

2

If you are planning on buying and holding then you will want to find conforming financing with a good rate and term.

Hard Money Lenders are used for those short term, during rehab type of loans. The qualifications are not as stringent. However, the rate and terms are high.