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Investor Loan Limits
How many mortgages can an investor have when buying properties under his/her name, as opposed to under an LLC?
Specializing in Real Estate Investing - Buffalo, NY
www.cashflowbuffalo.com
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It depends on what the investor is buying. A SFH? If so, where is it located? Apartment buildings? And how much liquid either the single entity or the LLC have up front.
Banks today are minimizing their exposure. They are insisting on more liquid from the investor.
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01-19-2011, 09:54 PM #3
Fixer Upper
- Join Date
- Jan 2011
- Location
- USA
- Posts
- 17
Yes, it is on the investor that how liquid his reserves are?The banks need the cash as much as possible ans as long as they can believe in the investor , he can have as many mortgages but when the installments are not on schedule then banks will not allow you any more.
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