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Updated over 8 years ago,
Buying Cheaper Rentals With Financing
Hello All-
I have been wholesaling and also investing in cheap buy and holds for the past three years or so and have managed to purchase 5 houses with cash. I need to start moving away from purchasing these properties with cash and would very much like to start using financing. What should be my first steps in going about this? I have heard someone mention portfolio loans? I have also heard that banks will not finance the type of houses I am looking to purchase which are in the 20k-30k range or purchase a package of properties in that price range. Any help or advice would be very helpful. Thank you. I am located in Charlotte, NC.....