View Full Version : Lender with no limit on number of Property Ownership
noher
08-30-2007, 03:07 PM
Does anyone know a Lender without limits on number of homeownership? I have a Borrower that owns 19 homes, 10 are free and clear and we just want to refi 3 of the n/o/o properties.
I know most Lenders only allow up to 10 properties per Borrower.
Appreicate the help guys.
Sub500
08-31-2007, 12:24 PM
I may be able to help you out with this. But I'm a hard money lender here is my contact information give me a call and I'll answerer any questions you may have. Thank you, Dwayne;)
Dwayne Greenfield AE.
Sub500 Mortgage Inc.
8910 University Center Lane Suite 400
La Jolla, CA. 92122
IntlMtg
09-03-2007, 01:01 PM
Yeah plenty. There are many lenders that have a cap of 10 'FINANCED' properties (not owned). There are many other s that go to 19 and I work with several that allow UNLIMITED.
Rapid acquistion is probably more of a question than how many properties they own.
carlel
09-04-2007, 07:45 PM
if they have equity in those properties, why not sell one of them? 10 empty houses seem costly to me, unless there's a reason for that.
vBulletin® v3.7.0, Copyright ©2000-2008, Jelsoft Enterprises Ltd.