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Updated over 4 years ago,
Portfolio Loan Question?
Good Day BP'ers,
I had a question on portfolio loans and how they work. When starting a portfolio loan does one have to have more than one property to purchase at the origination of the loan or more than one? Can other properties be added as you acquire them, and if so does the term on each property differ or is it recalculated and blanketed together as one again like a refinance?
Mark