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Updated over 4 years ago,

User Stats

4
Posts
1
Votes
Alex Pendleton
  • Rental Property Investor
1
Votes |
4
Posts

Looking for financing for Cape Cod Condo

Alex Pendleton
  • Rental Property Investor
Posted

I am looking to finance a condo for yearly rental but not sure where to start. The condos I'm looking at will not qualify for a normal FHA loan because the high percentage of renters and investor owned. The condos I'm looking at range from 85k to as high as 200k. I have excellent credit (819) and plenty of reserve cash. I also currently own two condos on the Cape (both financed, one with a bank, one owner financed) both rented out with great rental history so I'm not a "newbie". I do not have a mortgage on my primary residence. Any advice or help would be appreciated!

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