Non-Profit RE Loans & Investor Loan/Line of Credit question

[Pedro Porc]

Hey Everyone,

Just would like to ask a couple questions.

1. The office building that my business is in - is up for sale. It is a 30 room office building.  I inquired with the agent and he stated that multiple Non-Profit companies have placed offers on the property. This property is asking for 4mil.

What is the angle on this? Is there special loans only available to Non Profit companies? How do non-profit companies afford buildings such as this? He mentioned that some of the non-profits who placed an offer - he has no idea why...their company doesn't need 30 doors? and they were relatively small niche teams.  We were both baffled.  There must be some sort of angle people are using non-profit orgs to acquire properties.

2. I'd like to prepare for the next cycle/downturn - I have 2 properties fully paid for and 2 more with a small mortgage. I have perfect credit and good business income/tax returns/bank-statements. I'd like to have enough line to buy several properties. I've noticed some smaller investment/investor companies are able to buy multiple properties at a time because they have relationships with these type of lenders?

My guess is they qualified for some sort of line of credit that enabled them to tap in as they find properties?

What type of loans should I look for? Where should I look?  

Thanks in advance!