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Updated about 4 years ago on . Most recent reply

User Stats

43
Posts
20
Votes
Kimberly Gamez
  • Rental Property Investor
  • Grass Lake, MI
20
Votes |
43
Posts

How much do banks lend?

Kimberly Gamez
  • Rental Property Investor
  • Grass Lake, MI
Posted

This might be a very dumb question but here we go. We have multiple mortgages on over 70 units in and around our county. How many loans are too many for one client/bank? Is it normally to get multiple loans per year? When should we roll them all into one and is there a limit/threshold to what local community banks lend? We have a small but strong portfolio and I have goals to acquire 20-40 more units this year and don’t want to look like an idiot for continuing to go back to my lender with new deals. Thanks in advance for your help.

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