Loan Against Rental Property: Dallas
Hello
I have just purchased a property in The Colony by the lake in Dallas which i will be renovating to make it a rental property. The acquisition and rehab will be done in all cash by me. After i rent it i wish to use this home as collateral and pull out my equity through a long term secured loan. I am a foreign investor and this is my first home so i do not have a history. Any lenders or companies who would work with me if i have a rented property but no financial history. Let me know