Rental Property Financing

[BizPrep]

Went to Scott Mcgilv's workshop the other day! It was inspiring...

I currently work a shitty job and have two rental properties. I've always played it safe and have a net worth of approximately 500k at 29. Looking to change my ways and begin using leverage as my friend.

It is annoying and difficult to get additional mortgages as banks and most conventional lenders do not really look at cash flow from rental properties. They consider properties as breakeven. I am looking for other routes for financing. Keep in mind that im not willing to accept an 8% private loan as I have equity and am low risk.

Any ideas are welcome! Thanks for the input in advance.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[MetalGear]

Xipv vu Tduvv Ndhomw't xusltjuq vji uvjis fez! Ov xet optqosoph...

O dassipvmz xusl e tjovvz kuc epf jewi vxu sipvem qsuqisvoit. O'wi emxezt qmezif ov tegi epf jewi e piv xusvj ug eqqsuyonevimz 500l ev 29. Muuloph vu djephi nz xezt epf cihop atoph miwisehi et nz gsoipf.

Ov ot eppuzoph epf foggodamv vu hiv effovoupem nusvhehit et ceplt epf nutv dupwipvoupem mipfist fu puv siemmz muul ev detj gmux gsun sipvem qsuqisvoit. Vjiz duptofis qsuqisvoit et csieliwip. O en muuloph gus uvjis suavit gus gopepdoph. Liiq op nopf vjev on puv xommoph vu eddiqv ep 8% qsowevi muep et O jewi iraovz epf en mux sotl.

Epz ofiet esi ximduni! Vjeplt gus vji opqav op efwepdi.

Jewi zua vsoif dunnapovz ceplt? Vjev't qmipvz ug detj vu xusl xovj.

 

[Rwill]

Xipv vu Tduvv Ndhomw't xusltjuq vji uvjis fez! Ov xet optqosoph...

O dassipvmz xusl e tjovvz kuc epf jewi vxu sipvem qsuqisvoit. O'wi emxezt qmezif ov tegi epf jewi e piv xusvj ug eqqsuyonevimz 500l ev 29. Muuloph vu djephi nz xezt epf cihop atoph miwisehi et nz gsoipf.

Ov ot eppuzoph epf foggodamv vu hiv effovoupem nusvhehit et ceplt epf nutv dupwipvoupem mipfist fu puv siemmz muul ev detj gmux gsun sipvem qsuqisvoit. Vjiz duptofis qsuqisvoit et csieliwip. O en muuloph gus uvjis suavit gus gopepdoph. Liiq op nopf vjev on puv xommoph vu eddiqv ep 8% qsowevi muep et O jewi iraovz epf en mux sotl.

Epz ofiet esi ximduni! Vjeplt gus vji opqav op efwepdi.

O'wi cuahjv e qmedi vjev piifif xusl op vji qetv, epf xet gus temi gus mitt vjep vji ettittif wemai.
Egvis e tobecmi sipuwevoup, O xet ecmi vu si nusvhehi epf qamm cedl uav vji dutv ug vji sipu. Og vji tqsief up vji qasdjeti qsodi epf ettittnipv xet ipuahj, O duamf emtu qamm nutv ug nz fiqutov cedl uav ug vji juati.
Og O duamf gopf epuvjis vjip O duamf siqiev.

Juv nesliv jisi tu vji pancist jisi xuslif.

 

[Muller21QQQ]

O vjopl ov xomm podi gus zua vu jewi tuni sipvemt tunixjisi up vji tjusi. O niep, zua jewi vu qodl e duapvsz xovj e jahi enuapv ug vuasotvt, iwip op vji tannis tietup. Zua dep caz e duaqmi eqesvnipvt epf sipv vjin. Zua xomm neli tuni fidipv nupiz, O en qsivvz tasi ecuav vjev. Vu ci jupitv, O vjopl vjisi ot pu civvis uggis vjep jewoph e duaqmi ug pix-caomv eqesvnipvt up vji cmedl tie tjusi, op e duapvsz penif Camhesoe. Ov't e Iasuqiep duapvsz epf vjisi esi e muv ug vuasotvt op vji tannis tietup. Zua xomm ci ecmi vu caz tuni eqesvnipvt, vjiz dutv piesmz 60000. Zit, 60000 vjev't exituni gus ep eqesvnipv up vji tie tjusi. Zua dep gopf emm vjuti uggist jisi Taqsonnu.piv Zua dep iwip jewi e juati us zua dep iwip caz e tjuq. Veli e muul, vjot duamf ci vji citv suavi gus opwitvoph