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Updated almost 6 years ago,
Bank is telling us to slow down.
We are fairly new real estate investors. We have acquired 25+ units in a little over a year, mainly using the BRRRR method, and all of our places are cash flowing generously. As an accountant, I'm pretty conservative and accurate with my figures. Now, our main lending institution is telling us to slow down and let our properties season, since we only have 1 1/2 years of tax returns on the books. I see their perspective, but slightly disagree. Has anyone run into this issue? I want to maintain the good bank relationship, but don't intend to slow down. Any advice would be appreciated. Thanks!