
How to Get a Loan for a Rental Property
It is important as a real estate investor to realize that finding a good cash-flowing rental property is just one piece of the puzzle. The financing aspect is just as important. It is not ideal to be in a situation where you are under contract to purchase a rental property that you either will not be able to finance the acquisition of or have limited options, which leaves you with purchasing in cash or borrowing at unattractive terms. You also do not want to buy in cash and have difficulty doing a cash-out refinance in the future. Cash is king and having it tied up in your investment property can hold you back from growing.
Read More