Portfolio Loan Question

[Peyton LaBarbera]

What happens when I fully pay off a portfolio loan? Do I get to sell the properties individually if I wanted to in the future or do I have to sell them as a portfolio?

Just to clarify by fully paid off I mean at the 15 of 30 year fixed time frame not paying them off early since I don't wish to pay pre payment penalties  

[Bryan Martin]

Quote from @Peyton LaBarbera:

What happens when I fully pay off a portfolio loan? Do I get to sell the properties individually if I wanted to in the future or do I have to sell them as a portfolio?

Just to clarify by fully paid off I mean at the 15 of 30 year fixed time frame not paying them off early since I don't wish to pay pre payment penalties  

Sure, once you've paid off that portfolio loan, you're the full owner of those properties. You can usually sell them one by one if you want to, unless your loan agreement has some special rules about it. But it's always a good idea to double-check with a lawyer.