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Updated over 5 years ago on . Most recent reply

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Corey Slate
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Financing on several small properties

Corey Slate
Posted

I'm new to rental investing. All I've done before is buy the home I'm in and paid cash for a second rental house. So I don't have a lot of experience with mortgage lenders.

I'm looking to make a deal on a several properties from the same seller. The total amount of the deal is around $500,000. I am able to provide a 20% down payment.

I have the understanding that traditional mortgage lenders usually don't write loans for small value properties. Does anyone know what the best way to get a single loan to cover the whole deal?

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