I have 6 financed properties, primary and 5 rentals, I'm looking for a lender that will work with me to purchase addtional rental properties.

Asked by Kelly, Portland, OR Fri Mar 25, 2011

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Adrian Gastelum’s answer
Adrian Gaste…, , Portland, OR
Fri Apr 22, 2011
Most good lenders should allow up to 10 properties. You are one of the very few investors that are smart enough to act now before Fannie Mae closes that chapter too. Good luck in finding the right opportunity and finding the correct lender you should be working with. Look into Homepath financing great rates, 10% and no appraisal requirements
Adrian
503-308-0142
1 vote
Jewel Stockli, Agent, Sandy, OR
Sat Mar 26, 2011
Dear Kelly,
I wanted to follow up with some more info from my favorite Mortgage Broker, Theresa Winfield, with Prime lending 503-522-1945 503-786-7092 Fax 877-216-9921
twinfield@primelending.com 10135 SE Sunnyside Road Suite 120 Clackamas, OR 97015
She has also told me "It looks like we can finance up to 10 properties, but I will need to get more specific info on Monday...Thanks Jewel!! :)".
So Kelly, Please call her and I can help you with the purchases, working as your buyer's agent! You can call me anytime at 503-936-2432. Have a great weekend!
0 votes
Sandy Pember, , Portland, OR
Fri Mar 25, 2011
How fortunate for you to be able to purchase rental properties. The question you asked requires more information in order to provide an answer. Are the units you have single-family homes? What type of financing do you currently have? Is any of the financing tied to your personal residence? The answer will be based on the aswers to these questions.

Sandy Pember, Principal Broker
Prudential NW Prop.
0 votes
Corri Klebaum, Mortgage Broker Or Lender, Clackamas, OR
Fri Mar 25, 2011
Hi Kelly,

I believe I answered the same question for you but just in case... my in-house in will allow up to 10 financed properties for qualified borrowers.
0 votes
Jewel Stockli, Agent, Sandy, OR
Fri Mar 25, 2011
You should call Teresa Winfield:Prime lending
503-522-1945 503-786-7092
Fax 877-216-9921
twinfield@primelending.com 10135 SE Sunnyside Road Suite 120 Clackamas, OR 97015
0 votes
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