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36
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16
Votes
Gere W.
  • Investor
  • Granville, OH
16
Votes |
36
Posts

1 mortgage or 10 mortgages?

Gere W.
  • Investor
  • Granville, OH
Posted

Instead of getting a $100k loan for 1 house, how could I get a $100k loan for say 5 down payments of $20k, or 10 down payments of $10k, etc? Package deal? Would that technically be a piggy back loan? (100k for 10 down payments, on 10 properties with 10 separate mortgages or 1 package mortgage for 10 bundled properties)

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