Best Loan Options for Generating Capital

[Scott Bartlett]

We currently have two SFHs in our portfolio, and are looking at adding a MFH (Triplex) where one of the units is inhabitable and needs full repair.

SFH #1 (Cash Out Refi Loan - Approximately 15K left on loan out of 35K)

SFH #2 - Free and Clear

MFH - Seller is offering Seller Financing

We are looking at the best way to:

1.) Get capital to complete the renovations needed on the MFH Triplex

2.) Convert seller financing to a more conventional loan

3.) Possibility a blanket loan combining all three properties to one loan and generating capital for another purchase

The only mortgage loans I'm familiar with are Conventional/Refi and Cash Out Refis, any help is greatly appreciated!