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LoriT Member
| Joined: | Mon Feb 13th, 2006 |
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| Posts: | 1 |
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Posted: Tue Feb 14th, 2006 12:04 am |
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I am a loan consultant and have financed a wide array of investment purchases. I do not believe that is possible. If I understand correctly you are all wanting a property to be divided up into seperate loans with different amortization schedules. Have you sat down with a lender/loan officer and reviewed your options? What state are you wanting to purchase this property in?
Lori Turner
Ballen Mortgage Corp.
lorit@ballenmortgage.com
407-738-2828
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pna14141 Member
| Joined: | Thu Jan 12th, 2006 |
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Posted: Fri Jan 13th, 2006 02:00 am |
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My partners and I want to invest in rental property, but we have different mortgage needs. For example, one partner wants an interest only loan, while I prefer to pay off mortgage debt quicker. Is it possible for us to obtain individual loans from different lender to purchase a common property, so that each of us has a loan that fits our needs?
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