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Joe Szymczyk
  • va beach, VA
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Up to 10 properties banks finance after that?

Joe Szymczyk
  • va beach, VA
Posted

Seems like up to 10 properties many banks finance after that what's the cheapest way to get financing? Lowest APR and lowest down payments?

if one is military...if one holds 10 properties , can one use VA to buy no.11 and get financed by a normal bank owner occupy ? And still get the low VA interest rate? or how do things change after 10 properties?

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Bill B.#2 Buying & Selling Real Estate Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#2 Buying & Selling Real Estate Contributor
  • Investor
  • Las Vegas, NV
Replied

@Joe Szymczyk

If you’re going to do a 1031 exchange you have to do the cash out refi after the exchange. The irs doesn’t want to see you taking cash out before the exchange. 

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