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Updated over 6 years ago,

User Stats

11
Posts
0
Votes
Shawn B.
  • Real Estate Investor
  • Woonsocket, RI
0
Votes |
11
Posts

Financing multi families

Shawn B.
  • Real Estate Investor
  • Woonsocket, RI
Posted

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

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