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Updated almost 6 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Kaleb Henry
2
Votes |
11
Posts

Having to many loans to finance new properties?

Kaleb Henry
Posted

I was talking to a freind about how I wanted to start investing in rental properties, his big concern was wondering how one would be able to get a loan on your second or third house with having several loans already? I told him I didn’t think this would be an issue that could’nt be over come clearly people do it! However I didn’t have a defenitive answer. How do you obtain funding after your first or second property? How long can you go on conventional loans? Do you have to keep refinancing the properties? 

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