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Updated almost 9 years ago on . Most recent reply

User Stats

158
Posts
86
Votes
Kunal Mishra
  • Flipper/Rehabber
  • Jersey City, NJ
86
Votes |
158
Posts

Buying investmentry rental properties

Kunal Mishra
  • Flipper/Rehabber
  • Jersey City, NJ
Posted

Hello All,

I own two investment properties (each with two units) in Jersey City, both on a personal loan on my name. 

How can I start buying more properties and grow my portfolio , offcourse just on my income I cannot get loans on 10 properties not even if I include my wife's income. 

Hard Money Lenders are good for flips and will be very expensive.

Do I have to look for portfolio lenders in NJ, How much is the approximate interest rate that they charge.

Thanks

Kunal M.

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