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Updated over 9 years ago on . Most recent reply

User Stats

27
Posts
12
Votes
Brad Coyne
  • Rental Property Investor
  • Butte, MT
12
Votes |
27
Posts

Lenders

Brad Coyne
  • Rental Property Investor
  • Butte, MT
Posted
Hey y'all. I have purchased 11 units this year and have now been put on "hold" from my bank. They want me to sell one of my houses for a profit and then the will lend me money to buy another rental. However, I am not willing to sell a good rental yet. I am curious if anyone knows of some good lenders that are focused on rental properties. Any info is greatly appreciated. Thanks!

Most Popular Reply

User Stats

53
Posts
13
Votes
Amaury Zambrano
  • Investor
  • La Mirada, CA
13
Votes |
53
Posts
Amaury Zambrano
  • Investor
  • La Mirada, CA
Replied

@Brad Coyne are you using conventional lending? why not use private or hard money lending? have you tried to make a spreadsheet with each unit you owned with its financials to attract private lenders? try using the biggerpockets calculators for the the spreadsheet

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