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Updated almost 2 years ago on . Most recent reply

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8
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Daniel Cerda
1
Votes |
8
Posts

Cash out portfolio loan on cheap houses

Daniel Cerda
Posted

Hello My name is Daniel I have a question I have seen houses that I can buy cash for cheap and rent them out. Some are 15k 10k and 20k priced homes. I would like to buy about 10 of these do a portfolio or blanket loan and do a cash refinance on them all to buy in a better market. Does any one know how I could go about doing this with these cheap homes? The idea is to add them all together for a higher value. Please let me know what options I might have thanks.

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