Private Lending & Conventional Mortgage Advice

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Aviv Berkovitch
  • New York City, NY
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Bank of America refinance properties limitation

Aviv Berkovitch
  • New York City, NY
Posted Jun 18 2019, 13:11

Hi

I just finished a call with a Bank of America loan representative, and he told me that since I own more than 5 properties, I can't refinance them.. any of them. "this is the guidelines of the bank"

I purchased all the properties with cash, and I don't have any loans or mortgages.. can someone encounter in the same situation?

Thanks

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