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Updated over 8 years ago on . Most recent reply

Brad Coyne's profile image
Brad Coyne's profile image
Brad Coyne
  • Rental Property Investor
  • from Butte, Montana
  • Member since Aug 18, 2016
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Brad Coyne's profile image
Brad Coyne's profile image
Brad Coyne
  • Rental Property Investor
  • from Butte, Montana
  • Member since Aug 18, 2016
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Brad Coyne
  • Rental Property Investor
  • Butte, MT
12
Votes |
27
Posts
Starting Out

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!
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Amaury Zambrano's profile image
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Amaury Zambrano
  • Investor
  • from La Mirada, CA
  • Member since Mar 16, 2015
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Amaury Zambrano's profile image
Amaury Zambrano's profile image
Amaury Zambrano
  • Investor
  • from La Mirada, CA
  • Member since Mar 16, 2015
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Amaury Zambrano
  • Investor
  • La Mirada, CA
13
Votes |
53
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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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