Updated about 5 years ago on . Most recent reply
What do you guys do after 10 conventional loans ?
I soon will have 10 properties which are either refinanced with conventional loans or bought with conventional loans.
How do you guys scale it up after ?
Is finding a portfolio lender the right idea ?
Most Popular Reply
- Rental Property Investor
- New Orleans, LA
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All the suggestions here are good. I will also add that you can look to acquire houses subject to the existing mortgage. This means you utilize the mortgage that is already on the house and it stays on the old owners credit record. I just closed on one like this and did a video explaining why the owner was happy for me to take over their payments which might help. There is lots of information out there on how you can do this. Personally I am going hard on this strategy and if the market goes south at some point it will become even more powerful.
- Stephen Keighery
