what type of loan should i get for my income property.
i really need a cash flow.
Are you planning on keeping the income property as an investment? or are you going to “flip” it at a later date?
It depends if it’s a 1 to 4 unit property or 5+. There are different underwriting requirements on both. If it’s a 1-4 unit property you can get an option ARM and you will cashflow, but it all depends on your plans. An option ARM loan should only be used on ocassion in my opinion.