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Updated almost 6 years ago,
TX: How do I get a loan when I have too many properties?
Mot asking for a loan or specific lender, but I'm really asking how this type of situation is handled.
All the traditional banks I've talked to won't lend to you if you have 10+ mortgages.
All the hard money lenders offer loans for short turn around with high interest rates.
How do I get a loan for a long term buy and hold rental property when I already have 10 rental properties financed?
I have good credit, good cash flow, and tons of value in the equity in different properties held; but I don't have enough cash to buy the property I want without a loan. I keep running into dead ends and I don't know how to move forward.
Anyone who can give advise will be greatly appreciated.