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Updated over 2 years ago on .

User Stats

77
Posts
39
Votes
Michael S.
  • Rental Property Investor
  • Dallas, TX
39
Votes |
77
Posts

Advice for Business / Portfolio Loan for Purchase of 15+ Homes

Michael S.
  • Rental Property Investor
  • Dallas, TX
Posted

Hi,

Wanted some guidance on where to start. I'm looking to make a purchase of a portfolio of homes (15+) in a different state, but would like to do so under an LLC / Small Business with limited $ down. What are the best next steps for me to take? Do I talk with a local bank or look for a portfolio loan lender? What material should I prepare to present myself in the best light?

My background: Currently own 15+ single family investment properties and have been investing for about 8 years now. Each home has appreciated in value, so I do have a track record of success I can point to. Currently fully employed in a W2 job.