I have lenders that will do mortgages for clients that own multiple properties and want to purchase more. Traditional lending does not allow mortgages for individuals that already have 4 mortgages. We are able to do up to 10 mortgages for clients.
A Realtor recently sent me a client in this exact situation. He owned 4 properties and was in the process of purchasing a multi-family. When he went to the bank that did his other mortgages, they told him SORRY, but we can't help you. He told me, they also told him, no one can help you. Even though the client was skeptical and because the Realtor assured him, that I knew what I was doing, we proceeded with the mortgage application. He is now a raving fan.
If you know anyone this may be in the same situation and needs my assistance, let me know. joe@righttracfg.com
Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Email: joe@righttracfg.com
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
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