Real Estate Investment question

Originally posted by Tim Marion

Thank you for responses. To buy and hold for rental income. They were told by a real estate agent that they would only be able to secure financing after having rental income for 2 years. Is that true?

No, it's not true, and just illustrates why I despise 90% of real estate agents. Most of them are as worthless as tits on a chicken, but boy do they know how to talk out of their arse! Will said it best. Having a license really doesn't mean much, except that the person passed a test that you'd have to be a moron to flunk.

Source: http://www.biggerpockets.com/forums/12/topics/82721-real-estate-investment-question

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