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Updated over 3 years ago,

User Stats

3
Posts
1
Votes
Adrian Aguilar
  • Homeowner
  • Dallas tx
1
Votes |
3
Posts

I am new to financing . What would be the best way 2 move forwar

Adrian Aguilar
  • Homeowner
  • Dallas tx
Posted

I have a job and decent credit . I’ve done rental buy and hold since 1999 but cash buys only so we have worked our selves up slowly .  I recently discovered bigger pockets and so also have converted to being receptive to bank financing . 

I already got my first owner occupied loan and used up half of my savings in doing so. my partner  has about $200K but reported losses last year. My partner has several fully owned single family properties and so do I. How do we get a second loan together or separately? We are close and don’t mind if profits are entirely one sided. I live in North TX.