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I posted on another older thread you had going my mistake. Here is the exact reply.
Please tell ABC we need more coverage on small investors trying to purchase REO's and provide housing at fair market rent. Small banks in our immediate local area have made it near impossible to borrow 60-70% LTV. These properties average 45k per loan. The more you buy the lower your credit score goes down and "good" debt goes up. However, they are hurting the middle class. Even in areas not hit a fraction of as CA, FL & CO. Banks need to lend for rental investment properties.
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