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Updated over 10 years ago on . Most recent reply

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8
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John Fowler
  • Birmingham, AL
0
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8
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Financing for Five Single Family Homes

John Fowler
  • Birmingham, AL
Posted

Hello all - I'm looking at a portfolio of five houses that are for sale in the neighborhood of 50K each in Jefferson County, Alabama. The seller wants to sell them as a group so I will need a loan - I would put down 50K or 60K so the loan amount would be around 200K. Anyone have any ideas of how to finance this?

Are there commercial or local lenders that might fund a loan this small? Any recommendations or leads on banks would be appreciated!

Thanks - John

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