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Updated almost 9 years ago,

User Stats

118
Posts
46
Votes
Jaden Ghylin
  • Developer
  • Prior Lake, MN
46
Votes |
118
Posts

Selling a portfolio of 9 SFRs with portfolio financing in place

Jaden Ghylin
  • Developer
  • Prior Lake, MN
Posted

Does anyone have any experience in selling a portfolio of single family rentals?  I currently have 9 in the Minneapolis/St. Paul metro with total value over 1mln.  I have looked into doing a portfolio loan to provide financing that would be transferable to a new buyer, so it can be purchased easily as a package.  I'm not sure this makes sense as the portfolio loans (B2R, etc.) appear to have rates in the 6-7% range.  

I'd like to find a way to liquidate these properties, but don't want to deal with the hassle of selling individually.  Any thoughts would be appreciated.

Thanks,

-Jaden

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