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Updated 12 months ago on . Most recent reply

Patricia C.'s profile image
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Patricia C.
  • Member since Aug 27, 2023
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Patricia C.'s profile image
Patricia C.'s profile image
Patricia C.
  • Member since Aug 27, 2023
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Patricia C.
7
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20
Posts
General Real Estate Investing

Trying to purchase multiple properties

Patricia C.
Posted

Hello

I currently own 2 properties. One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.

I would like to purchase a 3rd home by the end of 2024. How do I go about getting approved when I am already maxed out on getting another mortgage..? 

Norwalk, Connecticut
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Clint Jusino's profile image
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Clint Jusino
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Clint Jusino
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Clint Jusino
  • Dallas
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Clint Jusino
  • Dallas
Replied
Quote from @Patricia C.:

Hello

I currently own 2 properties. One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.

I would like to purchase a 3rd home by the end of 2024. How do I go about getting approved when I am already maxed out on getting another mortgage..? 

I would look Into creative financing or DSCR loan. That's what I plan to do after my rehab is completed next week on my 2nd rental property.
  • Clint Jusino
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