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Updated over 9 years ago,
Financing Rentals
For those who are in the 5-10 SFR and are buying more, how do you finance them? I have done the hard money, rehab, ref into conventional loan for one rental. The last 3 I did were VA vendee financing (when that was available). Since, I have been flipping but want to get back into more single family rentals. My question is for those out there that buy SFR rentals; how do you finance them? I'm looking into a toward local bank that requires 20% down with a max term of 15 yrs. When I got into this game a few years ago I wanted to get as many properties under control with as little money down as possible, but am now considering another side of things. I would love to hear how people with multiple SFR finance their deals either by choice or by what the current financial environment forces you to do. Thanks in advance.