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Updated over 8 years ago, 05/14/2016
Opinion
Currently I have my primary residence valued at about 670k with 390k mtg and two completely paid off rentals. Earlier this month I found my next rental home. I have an income around 120k with no other debts. I've gotten nothing but hassle and hoops to jump through on a 300k deal with 25% down. Does this sound reasonable from a large bank?
Mark Kao try a portfolio lender, especially one who can also offer a commercial LOC across multiple properties and allows you to roll them into long term financing when you want.
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