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The Investor’s Guide to a Single-Family Rental Emergency Fund
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Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
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Starting Out
HomeForumsStarting OutProperty Mgmt experience necessary for first investment loan?....
Maxwell Jacas's profile image
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Maxwell Jacas
  • Renter
  • from New York City, New York
  • Member since Jan 25, 2015
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Maxwell Jacas's profile image
Maxwell Jacas's profile image
Maxwell Jacas
  • Renter
  • from New York City, New York
  • Member since Jan 25, 2015
Connect
Maxwell Jacas
  • Renter
  • New York City, NY
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Starting Out

Property Mgmt experience necessary for first investment loan?....

Maxwell Jacas
  • Renter
  • New York City, NY
Posted Mar 20 2015, 04:17

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)

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