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Updated about 16 years ago,

User Stats

619
Posts
75
Votes
Terry Royce
  • Real Estate Investor
  • Baltimore, MD
75
Votes |
619
Posts

Loan for rental Property

Terry Royce
  • Real Estate Investor
  • Baltimore, MD
Posted

Have you tried to talk to your local bank? Not one of the large conglomerates with a branch in your city, but a true local bank that is headquartered in your area. If you've got cash to put down, I'm sure they'd talk to you. Banks still like to loan 50 to 75% (LTV) "Loan to Value" on properties. It's the high LTVs that they disdain now (100% LTV).

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