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Updated over 8 years ago,

User Stats

170
Posts
11
Votes
James W.
  • Jersey City, NJ
11
Votes |
170
Posts

Financing more than one unoccupied flips?

James W.
  • Jersey City, NJ
Posted

Hi gys -

Anyone has experience in trying to financing more than one property for a flip? 

Since both will be vacant  - the Debt to Income ratio is easily above limits for financing.

And it does not seem to help that either or both are on sale on the MLS - apparently - banks wont consider that they are going to be sold.