Kace, Home Owner in Louisiana

I have credit score of 560. I own a rental condo worth $120,000. Can I get a loan to buy another rental condo for $99,000?

Asked by Kace, Louisiana Wed Jul 3, 2013

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Answers

1
Hi Kace,

You should talk to a mortgage specialist about it. Every situation is different unfortunately,

For investment properties, there are a lot of factors to consider:
-The property itself
-the amount of money you can put down
-your personal financial statement

...

Talking to a mortgage broker is usually free and with no obligations. Give it a try!

Good luck.
0 votes Thank Flag Link Sat Aug 10, 2013
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