Help on getting loans for rentals

[Jon Miller]

I currently own 2 rentals and my primary home. I'm trying to buy a 3rd rental now, but then I don't know how to continue financing rentals. All 3 properties are in my name. I found a bank that will refinance my 2 current loans into a 5 year ARM in my business' name. Does anyone know a better way to get more rentals than the 5 year ARM? I haven't been able to find a bank that will do in-house loans or do a fixed-rate mortgage for a business. I have rented out the first property for 2 years now and have a 1-year lease signed. The second rental has been rented out for a year.

[Greg Downey]

@Arthur Nunez unfortunately that is one state that our crew doesn't play in yet. @Kevin Romines is right about less than 10 properties. Those have pretty simple financing and are easily found. You might try @Chris Mason for CA lending.