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[Real Estate] Bank Loans

Discussion in 'NBA Dish' started by Luckkky, Feb 29, 2012.

  1. Luckkky

    Luckkky Member

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    I can probably look this up but its better to get current advice and people who have tried recently.

    I have a house that is leased out right now. Is it possible for me to get a bank loan to get a new house to lease out again these days??

    I know banks are tight with their loans now so I wanted to know before I even waste my time trying and getting rejected.

    If possible, I plan on doing the same on multiple homes as an investment.

    Any input would be nice.

    Happy leap day
     
  2. Luckkky

    Luckkky Member

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    please move to hang out, I have multiple windows open and accidentally created this thread here.
     
  3. Yung-T

    Yung-T Member

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    NBA Dish, so you wanna get advice from AI or Antoine Walker...or Sprewell? Don't do it son!
     
  4. tchou

    tchou Contributing Member

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    Depends on your income to debt ratio. Typically banks don't count rental income unless it's for over a year. If you have more specific questions, feel free to PM me.
     

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