Looking for Financing

4 Replies

A question..... best asked with a scenario:

I own 3 properties(1 commercial, 1 multifamily and 1 single family home) all properties are rented with a nice cash flow. Is there a way to borrow money against the properties(not interest only or equity loans, but an actual convention loan) to purchase more properties?

Thank you for your help!

@Account Closed what other options were you hoping for?  A conventional loan will be a 30 year fixed rate loan.  I mean, there are other loan types out there that would be a 30 year fixed.  Assuming you have enough equity in these properties, you would borrow against the property, use that money for a down payment on the next home.  Does what I am describing make sense?  Your scenario is what most investors DREAM about.  Let me know if  you had other questions on this but you are in a good position if you have the equity.

Originally posted by @Account Closed :

A question..... best asked with a scenario:

I own 3 properties(1 commercial, 1 multifamily and 1 single family home) all properties are rented with a nice cash flow. Is there a way to borrow money against the properties(not interest only or equity loans, but an actual convention loan) to purchase more properties?

Thank you for your help!

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