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Updated over 5 years ago,
Looking for financing advice for refi on paid for rentals
hi guys, im looking for advice on what to do. Im 31 and own a 17 unit mobile home park and 2 rental houses
i have never used banks before my credit is not the greatest maybe around 630-680 score but all my properties are paid for
i need advice on where my net or gross income needs to be for the bank to approve cash out refi or a line of credit.
where do i go from here i want to expand and buy more rentals.