Rental Property Investor · Orlando, FL · Member since 2019 · 7 posts · 0 votes
I’m looking at 8-30 unit apartments and mobile home parks And needing to learn more about obtaining financing. I currently have single family homes w residential mortgages. What process do you follow for success? Thanks!
First, I would suggest contacting local banks and credit unions to see if they lend on the properties you are targeting and setup face to face meetings. Secondly, I would put together your finances so you are ready to apply when you have a property. Create a financial statement, REO schedule, resume and check your credit. This will look very professional in the eyes of the loan originator.