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Private Lending & Conventional Mortgage Advice

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Ravindra Sridhara
  • San Ramon, CA
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Financing Mulitple Properties

Ravindra Sridhara
  • San Ramon, CA
Posted Feb 26 2016, 14:23

I am in contract selling one of my properties and would be doing a 1031 exchange using the proceeds from the sale. I have identified two properties that I want to purchase. I would use 1031 to put as downpayment for these two properties. My question is how can I get financing for these two properties - I am planning to tell both lenders about the two properties and need some advice on how they would look at DTI and other criteria?

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