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Updated almost 10 years ago on . Most recent reply

User Stats

116
Posts
32
Votes
Mathew Deines
  • Investor
  • San Diego, CA
32
Votes |
116
Posts

4 unit "package deal" + primary residence financing question

Mathew Deines
  • Investor
  • San Diego, CA
Posted

I am trying to connect some dots here. I am looking at a 4 unit package deal (out of state). I currently have a mortgage on my primary residence.

What would my options be for financing the 4 units? 

If I took out a mortgage on each one, then I would have 5 in my name. 

Do I look for a portfolio lender on this deal and then only have 2 mortgages? 

Or do I only put 2 of the 4 units in my name and 2 in the wife's name, so that we both only have 3 mortgages each?

Any thoughts?

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