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Updated over 7 years ago,

User Stats

207
Posts
267
Votes
Johnny Quilenderino
Pro Member
  • Real Estate Agent
  • Slidell, LA
267
Votes |
207
Posts

Is it possible to buy 7/7/1

Johnny Quilenderino
Pro Member
  • Real Estate Agent
  • Slidell, LA
Posted

Good evening BP,

I have been going through Zillow and Trulia and found 3 duplexs on 1 MLS (x2) and a 7 plex.

Hard spot is three different sellers. Three different sellers under the same real estate company.

Is it possible to offer full price, package them all together one loan albeit commercial?

So it would be 7 buildings, on 7 parcels under 1 loan. Are there any loan companies that would even bite at that? So far it has been slim pickings for loans but I like the challenge!!!!! I do have the 25 percent downpayment as required. I am still working the system to get rent roll and last years taxes.

Just checking the pulse of BP to see if anyone has tried this.

Thanks in advance.


Johnny

  • Johnny Quilenderino
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