Updated over 10 years ago on . Most recent reply

Property Mgmt experience necessary for first investment loan?....
Ive been reading some information that says banks want you to have Property mgmt. experience before they will give you a loan for your first investment home.
is this true? If so, that would be a big deterrent.
Does 2 years as a below average Licensed RE salesperson in NYC count? (btw, no longer licensed)