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Updated over 11 years ago,
Question from a Novice
I just viewed a potential investment property that's pretty much a turnkey with some minor repairs. However, I got to wondering, can one obtain multiple conventional loans? In other words, if I invest in this property via using a conventional loan, can I get another said loan for another investment property? I mean, at some point the banks are going to say no because of the number of loans correct? I guess at some point I would have to seek private lenders because they require less scrutiny. Is my thought process correct here? Thanks in advance.