256: Finance Friday: Financial Independence in 5 Years w/ Short-Term Rentals
BiggerPockets Money Podcast
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Getting a Portfolio Lender
Start looking for a portfolio lender. There are people, there are lenders out there that will lend on the property and keep it within their portfolio. If you're able to get this property and start generating this income, then you can re finance it down the road. When they keep it in their portfolio, they have the ability to kind of do whatever they want. They don't have to follow the fanny mayguide lines. So your debt to income may not matter so much. Another thing to do is to start an, ah a relationship with a local bank that does these portfolio loans. It's great financing relative to the return of the investment. But who cares if you're paying five
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