Duplex Loan

[Liz Rogers]

Hey BPers!

My husband are in Lexington, KY and recently went to a local REIA meeting (for the first time!). We were talking with a member who owns several duplexes and we are considering purchasing our first duplex. We own a few single family homes that are all cash flowing, but this member told us it was going to be very difficult to get a loan for a duplex. Has anyone else has this issue too? What can we do to prepare for the bank to not have any or minimal push back?

Thank you!

Liz