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 how investors get multiple loan, how investors get multiple loan

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leongal
post Mar 6 2010, 05:58 PM

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QUOTE(vdfoo @ Mar 6 2010, 04:17 PM)
a simple silly questions here. an investor who would like to invest in property would require loan for each property. assuming this investor is an average salaried person, how would he be eligible to apply up to (lets say) 1 million of loan (in several properties)? does it have anything to do with tenancy agreement and bank statement to show that rental income has been coming in regularly?
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according to the experts, yes, the loan will be most probably ok if you can show the tenancy agreement...

 

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