Bank Funding for Additional Properties

Bank Funding for Additional Properties

I have been investing in real estate for the last 10 years and have acquired 8 rental properties. In these difficult financial times I am finding it difficult to acquire additional property with the banks.I believe you can finance up to ten properties. I am looking at other alternatives to finace my deals (hard money, owner finance etc.) I would like to continue my path to success but funding appears to be an issue.

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bdom,

You may want to try local small community banks in your local area that service their mortages in house (portfolio lender) rather than sell them on the secondary market. Just make a few calls to the local small banks in your area and inquire about how they hold or deal their mortgages. Good luck and continued success. Believe and Achieve! Smiling - Joe

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