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Updated about 1 year ago on . Most recent reply

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21
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11
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Patricia C.
11
Votes |
21
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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..? 

Most Popular Reply

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154
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94
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Clint Jusino
  • Dallas
94
Votes |
154
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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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