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Updated almost 3 years ago,

Joe Geist's profile image
Joe Geist's profile image
Joe Geist
  • Specialist
  • from Philadelphia, PA
  • Member since Sep 20, 2016
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User Stats

27
Posts
4
Votes
Joe Geist's profile image
Joe Geist's profile image
Joe Geist
  • Specialist
  • from Philadelphia, PA
  • Member since Sep 20, 2016
Connect
Joe Geist
  • Specialist
  • Philadelphia, PA
4
Votes |
27
Posts
Buying & Selling Real Estate

Leverage rental cash flow?

Joe Geist
  • Specialist
  • Philadelphia, PA
Posted

Hello BP-

I have a strong performing rental townhouse. Total debt service/tax etc $1704, rented for $2400. Is there a way I can borrow against that cash flow to get a loan for another rental property? If so- what would be the best road to look down. A cursory poke and conversation with some other small time investors mentioned DSCR- but it seems like they only lend larger amounts 100s and up. Thoughts and suggestions would be helpful! Thanks

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