Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

25
Posts
12
Votes
Travis Salley
  • Rental Property Investor
  • Hattiesburg, MS
12
Votes |
25
Posts

Requesting advice for lending against a rental portfolio

Travis Salley
  • Rental Property Investor
  • Hattiesburg, MS
Posted

BP, I own three single family homes that are leased out to medical companies. 2 are assisted living businesses and the third is a transition home clinic. The portfolio yields 18k a month. I would like to refinance so I can use some equity to expand. Do you know of any lending company that would lend on this type of portfolio? I have not had much like calling around. 

Most Popular Reply

User Stats

2,642
Posts
1,096
Votes
Kerry Noble Jr
  • Investor
  • Indianapolis, IN
1,096
Votes |
2,642
Posts
Kerry Noble Jr
  • Investor
  • Indianapolis, IN
Replied
Quote from @Travis Salley:

BP, I own three single family homes that are leased out to medical companies. 2 are assisted living businesses and the third is a transition home clinic. The portfolio yields 18k a month. I would like to refinance so I can use some equity to expand. Do you know of any lending company that would lend on this type of portfolio? I have not had much like calling around. 


 Try one of the "note guys" in your area.....they maybe able to help you......put a note on it and take some cash out

  • Kerry Noble Jr
  • Loading replies...