DSCR Loans and Alternatives

[Tony Mayo]

I currently have 10 mortgages in my name so I am just learning about a DCSR loans. 

Is this pretty much the only option once we hit that 10 loan cap for conventional loans?

Any other creative ideas that you have seen?

Any banks that you have had good experience with?

Thanks in advance

[Matt Devincenzo]

Quote from @Alex Breshears:

Right now DSCR loan rates are pretty high to have them as a long term debt. What you can do is potentially refinance those 10 properties into 1 portfolio loan through a local bank if they are all in the same state/market. That would be a blanket portfolio loan that would use the properties as collateral, so as long as there is equity and cash flow that might be a easy way to get your 10 conventional loans back in your name.

This is partially inaccurate...refinancing a portfolio does nothing to 'get back' your conventional loans. The conventional loan guidelines are '10 financed properties' and includes any type of financing. So after the refi you still have '10 financed properties' and would not be eligible for conventional loans. I see this idea mentioned on BP a lot and it is 100% wrong.