Updated almost 17 years ago on . Most recent reply
Loan for rental Property
Have you tried to talk to your local bank? Not one of the large conglomerates with a branch in your city, but a true local bank that is headquartered in your area. If you've got cash to put down, I'm sure they'd talk to you. Banks still like to loan 50 to 75% (LTV) "Loan to Value" on properties. It's the high LTVs that they disdain now (100% LTV).