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Updated over 4 years ago,
Montgomery Alabama investor friendly lender
Hi,
I want to use Alabama (specifically Montgomery) as my 'cashflow' buy and hold market to invest in. The goal today is to have anywhere from 4 to 10 cashflowing doors in order to help finance my holdings in higher appreciating markets with lower cashflows. My current thought is to close the house using cash and within a couple of months finance around 50% of the ARV in either a 5/1 or 7/1 ARM or a fixed 10 to 15 year mortgage to help me fund additional purchases. If anyone on this thread has some recommendations to help me find an investor friendly loan officer that would be great.
Thanks in advance,