How many rental properties can I have loans on before the bank stops loaning me money at an affordable rate? - rental properties in havelock nc
How many rental properties I have before the bank will not lend my money loans at a reasonable price? Or even loans to banks, not all to me, all my cash very well.
Thanks for the info
Wednesday, December 30, 2009
Rental Properties In Havelock Nc How Many Rental Properties Can I Have Loans On Before The Bank Stops Loaning Me Money At An Affordable Rate?
3 comments:
I struggled with a limit of 10 per bank. Switch No. 10, at least for me. For the 30 institutions that were willing to fight a little, but I always go out.
I have recently. My usual lenders refused to give me more credit, citing a company policy that limits the number of mortgages that can give. I solved the problem by a mortgage company and have different prices as low as everyone else.
The problem is not the number of loans. The number of loans with a particular lender because they spread the risks around like a. You do not want all your eggs in one basket.
Each lender has different guidelines, so it is not the answer. The affordable prices ... probably not affordable.
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