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Updated about 13 years ago on . Most recent reply

User Stats

153
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44
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George Moehlenhoff
  • Investor
  • St. Louis, MO
44
Votes |
153
Posts

What to be aware of with financing....

George Moehlenhoff
  • Investor
  • St. Louis, MO
Posted

I have a home that I want to cash out refi from a private investor loan into a conventional. I also want to purchase a personal residence in 2 years or so. I want to make sure that this house (and any other) do not effect my ability to obtain a personal residence in the future. Any tips? What do I need to be aware of. What is needed for an individual to finance the first 5 homes? I heard at the even you can do conventional financing for their first 5 to 10 homes, what are the requirements for up to 5 properties?

I know this is a jarbled mess, but that is one area I am confused. The financing of multiple sfr without it negatively effecting your ability to buy a home. Thanks!

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