Financing/Lenders for cash flowing properties
Based on what I've heard in the past, its easier to get rental property financing than it is to get fix and flip money. Don't know if that's necessarily true or not, but I want to get started in renting out as a long term investment.
I'm currently looking to purchase my first rental property and I'm not able to obtain conventional lending from a bank or credit union.
Does anyone know how financing for a rental/cash flowing property works different from fix and flip funding? Is there any difference? And could you also refer me to some lenders that specialize in financing for rental property?
Thanks