Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago on .
![Brenda Wright's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/856408/1621504530-avatar-brendaw18.jpg?twic=v1/output=image/cover=128x128&v=2)
Hey smart Lenders, what are your terms?
So, we are interested in working with a lender that can satisfy both our needs.
We are Real Estate Investors here in New York who owns a few contractual properties in Memphis. Each property currently generates an average of 7% cash-flow per month. We just purchased one all cash, but are hesitating on what to do with the others.
We need someone that can come up with a plan to help us as we are planning on buying 50 (or more) properties.
A couple of notes:
- They are all single-family properties.
- The purchase price is around 100k.
- We are searching for AMAZING rates.
- We want to minimize the closing cost fees.
- We are thinking of consolidating a few of the properties into individual LLC's.
- We are thinking of using HELOC on some of them.
Again, there are many things we are looking to do with the funds, but we need someone ( a smart lender) who can provide us with a tailored plan that can benefit each other, specifically having outstanding rates.
Tell us if this all makes sense.