Anybody buy several SFR's simultaneously? Funding is too slow!

[Ben Phillips]

Hi Everyone, 

I am a buy and hold investor looking to purchase a few SFH's. Assuming you have enough money to buy several SFR's at the same time and you are trying to get 20% down conventional financing, are there ANY options to get multiple deals done at the same time? Considering you had enough money to fund 5 homes in your market, what is the quickest way to get these done using conventional financing? It is taking me forever, having to buy one at a time. It is not meeting my personal timeline goals. At this pace I can only close on about 2 per year. You know how it goes... The hunt takes a long time then all the inspections and underwriting takes the rest. Meanwhile my cash is sitting unused but I want to deploy it all if I can. However, when you're getting a loan, they make you sign a sheet that says while underwriting is underway you will NOT be involved in any other deals or making other offers anywhere. Really gets on my nerves. Has anyone found a way around this besides a commercial loan?