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Updated about 1 year ago,
First rental, Recommended Lending Options?
Hi Bigger pockets community!
I am 19 years old and coming to the point where I have saved enough capital to start the process of shopping around to find conventional financing for my first long term rental property in Syracuse NY!
Any recommendations before I start making calls to multiple lenders that fit the criteria of these questions below and decent rates would be greatly apricated!!!
-When do you start using ARV to help one qualify?
-When do you start using rental income to help on qualify?
-Can I have multiple loans with this lender?
-Can I change my title to an LLC eventually?
-does this lender sell their mortgages?
Thank you for your time and consideration everyone!