Question about a second rental
This a bank question. I have good to excellent credit. I have the 25 percent to put down on another rental. I have a mortgage in the states for 350K and I am on a partial mortgage on in the Carribbean for 920K. What can I do, except the obvious which is to pay down my mortgage, to get a mortgage from the banks on the islands. This wouldn't be such a big deal if I just bought the property on the Virgin Islands for huge money last year. Is there anything I can do to help my situation.
CPT.
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