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Updated over 5 years ago on . Most recent reply

User Stats

15
Posts
3
Votes
Alex Lupo
  • Rental Property Investor
  • Tampa, FL
3
Votes |
15
Posts

Should I get a business loan to buy a 2nd property?

Alex Lupo
  • Rental Property Investor
  • Tampa, FL
Posted

I’m 25 I have a 787 credit score. I want to buy a 2nd property here in FL but I’m worried about my debt to income, I don’t think a bank will approve me of another loan so I was thinking about trying to get a business loan?

Most Popular Reply

User Stats

15
Posts
3
Votes
Alex Lupo
  • Rental Property Investor
  • Tampa, FL
3
Votes |
15
Posts
Alex Lupo
  • Rental Property Investor
  • Tampa, FL
Replied

@Ola Dantis

I have about 11k in my 401k was going to pull that out for down payment. Why do you feel like I should look for other ways?

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