Hi all~ got a question. Heres the situation...I am wanting to buy a house to use as an investment property for 17K, yes you read that right. It has 3 bedrooms/2 bathrooms and just needs alittle TLC. I have my own house and dont want to use that as collateral, but I need opinions. Do I apply for a persoanl loan since the amount is so small or do I take out a full blown mortgage? I am looking to pay the loan off within 3 years. Should I go to the CU that I bank with or elsewhere? What are your thoughts?
