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Updated over 8 years ago,
Package Deals/Commercial Loans?
I wanted to ask a question from some seasoned investors. Little background, I have purchased 9 SFR's through conventional loans with 30-45 day closes. Although, the rates are good and it has been fairly simple, I want an expedited way to acquire more properties at once.
So I guess my questions are. What ways are you guys getting package deals done? Is it commercial loans, private money etc..?
Should I restructured all my conventional loans under 1 commercial loan in order to free up more conventional or what are your thoughts?
Goal is to purchase 20 SFR's in next 24 months but I'm already topped out at the 10 conventional loans which is why these questions are coming up! Please help and thanks in advance!