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Private Lending & Conventional Mortgage Advice

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David Beard
  • Investor
  • Cincinnati, OH
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Conventional Loans for Properties 5-10

David Beard
  • Investor
  • Cincinnati, OH
Posted Oct 26 2010, 03:33

I've been on a search for lenders who will originate conventional investment property loans (meaning resellable to Fannie/Freddie) for your 5th - 10th property. I have had no luck with local mortgage brokers.

In searching national lenders, I came across Guaranteed Rate Mortgage, and they will do these loans. They're the 12th largest mortgage banker and fund their own loans for resell to the GSE's.

So if you're looking for accelerated wealth building, and inflation/cash flow hedge down the road from 30-year, sub-5% rates, on up to your 10th property (as opposed to community banks with their 5-year balloons), you may want to check them out. (www.guaranteedrate.com)

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