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Updated almost 12 years ago on . Most recent reply

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27
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3
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Michael Lleverino
  • SFR Investor
  • Buda, TX
3
Votes |
27
Posts

Financing alternatives

Michael Lleverino
  • SFR Investor
  • Buda, TX
Posted

I've been contemplating using HML to buy my 2nd property. My understanding is that HML will lend you money for about 6 months allowing you to sell the property or refi to a standard long term mortgage. Problem is, 3 years ago, I had a property foreclose. Even though my credit is now good, regular banks may be reluctant to allow me to refi an investment property. any recommendations on how to get around this?

Most Popular Reply

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1,409
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776
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Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
776
Votes |
1,409
Posts
Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
Replied

Look for tough to finance properties & acquire with Seller Financing.

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