
How to Get Financing on Multiple Investment Properties
Tilly Penell
Description
“Mark has done it again ... Truth is I've been investing for years and never have used financing for my deals but Mark's simple straight up information here is making me rethink that. If you want to learn how to gain access to funds for deals this is a must read.”Learn real-life tips and tricks on financing multiple investment properties from a successful real estate investor!Many investors run into a road block when trying to purchase multiple investment properties or even their first. Once you have four mortgages in your name most banks will stop financing you. They will also tell you can’t get more than four loans anywhere, but that is simply not true. You can get more than four, more than ten or even more than 20 loans if you know where to look. I am not talking about borrowing money from your brother or seller financing. There are banks that will finance multiple properties for investors. I am an investor myself with 11 rentals and number 12 and 13 under contract. I fix and flip 20 to 30 houses a year and all my properties are financed with banks. I talk a lot about my investing at investfourmore.com, but in this book you can get the details on the best ways to:Finance bulk packages of rental propertiesFinance fix and flipsLines of CreditRefinanceQualify for a loanUse hard moneyUse private moneyFinance more than four properties, more than ten and an unlimited amountBest use financing to increase returnsFind loans with little money down requiredBonus material included in the book: How to make one million dollars with real estate How I would invest one million dollars into real estate I have 11 loans in my name and another six loans in the name of one of my corporations. I am not trying to hide my identity through a corporation; my bank knows I control all of the properties. In fact Fannie Mae guidelines say lenders can give up to 20 mortgages to an individual. However, most banks have their own policies that prevent supplying that many mortgages to one person. The trick to financing multiple investment proper
Related Works
Episodes (20)
1. Should you get a loan on a rental property?
2. How much money do you need to buy a rental property?
3. How to qualify for a loan on an investment property
4. How to get a loan on a house that needs repairs
5. How much personal house can you afford?
6. How to buy your first investment property with little money down
7. How to make one million dollars with rental properties using low down payments?
8. How to Finance more than Four Properties
9. How to find a portfolio lender
10. Using hard and private money to finance investments