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Updated about 5 years ago,

User Stats

77
Posts
31
Votes
Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
31
Votes |
77
Posts

Private Lenders for long term financing

Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
Posted

Private Lender

Hello, I am hearing 100 times how I can use a private lender or hard money to buy rental properties and then later refinance with a bank.  But I already have 10 conventional loans which is the max limit for conventional loans.  So if that's the case, how do investors get long-term mortgages to finance their rental properties.  I'm sure I can finance with hard money or private lenders for a short period but how do you scale to own 50+ rental properties with long term lending?  Please let me know if you can.  Thanks.

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