Financing advice needed... 44 unit portfolio

[Jesse Hoffman]

Here is my background. I own 44 rental properties in Maryland and one beachfront condo in the Outer Banks NC. Most of these properties are condos ranging in price from $60,000 to $100,000 and each has a monthly condo fee between $190 and $230 per month. They are all currently rented for between $1000 a month and $1300 a month. I have been in business for 5 years and have strong relationships with local banks but Im looking to find a bank who doesn't require 20 to 25 percent down. The rents are so high compared to the mortgages I have been able to pay off several places in full as I do not spend any of the extra rent money. My goal is to get a base of 10 to 15 places paid off completely and expand a great deal always keeping these places paid off in full to cover the monthly cost of the new places. The new places would also of course be rented out as well.

I also own a real estate sales team in which I'm earning between $400k and I expect to make around $800k or more this year.

I am looking for a bank who will finance these properties moving forward and 10 to 15 percent down or less. I would like to do a 15 year or 10 year loan on each. 

[Oleg Shalumov]

@Jesse Hoffman, I would recommend getting Home Equity Loan on a few of your properties. Another possible solution I know is that people get Business Credit Line which Banks normally provide to owners of multi businesses.