Updated almost 11 years ago on . Most recent reply
Obtaining financing on a fifth investment property
Anyone have thoughts or contacts on obtaining financing past a 4th investment property.
In Lake County IL, no rich relatives.. LOL. Currently have 4 rentals cash flowing $300 - $520 a month. Thanks much Scott
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Hey scott I saw no one had replied so thought I would give my two cents. The first thing I would do was try to obtain owner financing if you have already picked out a few properties you are interested in. If that is not an option the next thing I would do would be to find a bank that does portfolio loans that could be an option. The third option I would pursue would be to talk to a bank that has some properties on it's books that your interested in. If you already have a good relationship with the bank they might be willing to hold a loan in house for you. Hope this helped! If you liked leave me a vote :)