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I own 4 houses free and clear. What kind of loan can I get. All of my income is from rentals.

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December 28 2011 - Irving
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Answers (3)

Profile picture for patohomes
I have the number for a great local lender that can help you. Let me know if you want the information.
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December 28 2011
Profile picture for LUXURY HOME LOANS CA

Chuck- As Dave mentioned. If you own these properties free and clear, chances are your debt to income ratios are low, and lenders accept passive income for qualification purposes. You are seeking cash-out refinancing for investment properties. .... Best wishes.

Happy funding, Rudi

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December 28 2011
Profile picture for daveskow
if your schd E  rental average income  for  2+ years is ample for qualifying purposes , your should be able to obtian a loan
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December 28 2011
 

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