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Updated about 6 years ago on . Most recent reply
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How can I get homeloans for 16 properties at the same time?
Hey all, can some experienced investors tell me how I can get multiple home loans from the bank for buying multiple properties. If I refinance my house, I will get $400K cashout which I intend to reinvest.
I want to put as many down payments (for as many houses) as possible. How can I get the bank to give me as many homeloans as possible? What is required? What are some strategies that you would suggest?
Thank you :)
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@Shay Singh Interesting question. I have not done this personally but I remember hearing on a BP podcast with @Brie Schmidt that she has purchased multiple homes on a portfolio loan. You may have to contact multiple banks that will agree to do these types of loans. Smaller to mid size banks usually better for this.