I then bought another house in Schenectady that I borrowed $ 50,000 from the same bank on my second house I fixed up the third house and have since rented it out.However now my bank says they can't lend me on the third house as collateral all three are rented net monthly rents are $ 2075.00 two mortgages are less that $400.00 per month They gave two reasons 1] the 3rd property was out of their area . 2] they have introduced new lending standards and the fact that my credit has been bad inside the last two years means they cannot lend to me.Has anyone run into issues like this?

This is our first wholesale deal & so far it's not a walk in the park.Thanks for your response sincerely appreciate it.

Hey Jon, After reading and carefully considering your reply, I just wanted to say a sincere thank you for your frank comments and your perspective.

I am not affiliated with or own any part of Biggerpockets, yet I am 1,000% confident that Josh (the owner) is also 1000% sincere that this event will be pitchfest free.Now you have no more excuses!

Sincere thanks!!

I sincerely hope that this didn't inconvenience anyone.

My questions have been asked so I have nothing new to contribute, but I wanted to offer a sincere thank you for this information.

Sincerely,

Should you have any further questions about our platform’s policies and processes, please feel free to reach out to me or my Customer Service Supervisors Yamir Gonzalez or Vicky Hernandez at 800-793-6107.Sincerely, Peter ChevalierDirector of Customer Service

sincerely, Josh