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Updated over 4 years ago,

User Stats

2
Posts
3
Votes
Matt Mason
  • Investor
  • Nashville TN
3
Votes |
2
Posts

Cincinnati Blanket Portfolio Refi - Out of state investor

Matt Mason
  • Investor
  • Nashville TN
Posted

Hello BP nation! 

So, I've spent the last week researching blanket loans and I think I'm at the stage now where this is an avenue I need to explore.  I have 13 units, 7 properties, and five of the mortgages are in my name and am looking to refi several of my properties.  My brother and I are looking to scale considerably over the next few years.  What I still can't quite understand if it's even possible for an out of state investor to refi an entire portfolio of 30 yr fixed loans using a blanket loan?  Does anyone know a national lender or lender in Cincinnati that offers these or am I basically on a hunt for a unicorn.  If any one has been in a similar situation or any advice please let me know!  

Cheers,

Matt Mason

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