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Updated over 12 years ago,

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5,116
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5,171
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Kyle J.
  • Rental Property Investor
  • Northern, CA
5,171
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5,116
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Use a local lender or mortgage broker?

Kyle J.
  • Rental Property Investor
  • Northern, CA
Posted

I already have 4 conventional mortgages, but I'm looking to pick up a few more properties for long term rentals. I could pay cash for a couple, but I'd rather finance them so I can leverage my money and buy more (maybe 4 more). Since this will put me into the 5-10 loan bracket, which do you think is better....finding a local lender to work with who will loan to someone with over 4 loans OR working with a mortgage broker? What would be your preference?

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