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Updated over 8 years ago,
Portfolio lenders or blanket loans
I am just starting out in real estate investing. I have purchased 4 properties this year. I am having trouble buying any more because the banks don't want to lend to someone who has 4 outstanding loans. I paid cash for one place but they are also counting my home mortgage. I would like to find someplace that would do a blanket loan on the places I have so far so I can continue on my way to financial freedom. Does anyone know if this is possible or do I need to slow down and pay off what loans I have accumulated? Thanks in advance for your help.