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Buying & Selling Real Estate

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Stephen Murray
  • Investor
  • Charlotte, NC
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32
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Buying Cheaper Rentals With Financing

Stephen Murray
  • Investor
  • Charlotte, NC
Posted May 24 2016, 06:57

Hello All-

I have been wholesaling and also investing in cheap buy and holds for the past three years or so and have managed to purchase 5 houses with cash.  I need to start moving away from purchasing these properties with cash and would very much like to start using financing.  What should be my first steps in going about this?  I have heard someone mention portfolio loans?  I have also heard that banks will not finance the type of houses I am looking to purchase which are in the 20k-30k range or purchase a package of properties in that price range.  Any help or advice would be very helpful.  Thank you.  I am located in Charlotte, NC.....

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