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Updated over 6 years ago,
Financing multi families
hi,
I have some buy and hold rentals which are financed through banks with 20% down payment . And a big loan on primary residence.
Now I want to purchase a bigger rental but not through private lending as the rates are very high.
Last time I checked with my existing bank financing other rentals said they can't finance more as I already have few loans on existing. How can I get it financed and what are options and conditions to purchase my next rentals ?
Any guidance much appreciated
Thanks
Shaw