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Updated almost 2 years ago on . Most recent reply

User Stats

36
Posts
11
Votes
Matthew Graves
  • Investor
  • Charlotte, NC
11
Votes |
36
Posts

Can I get a Portfolio Loan for 3 SFR spread across two states?

Matthew Graves
  • Investor
  • Charlotte, NC
Posted

We are looking to refinance three of our rental properties. Two of them are new construction single family homes in North Carolina (Lincolnton, NC & Statesville, NC) and the third one is a renovated single family home in Pennsylvania (Natrona Heights, PA). All are performing. 

Couple Questions:

1. Does it matter if the properties are in different states? 

2. Can anyone recommend a lender who would do this?

3. Any chance we could throw a parcel of undeveloped land (Dallas, NC) in on the refi as well?

  • Matthew Graves
  • Most Popular Reply

    User Stats

    2,618
    Posts
    898
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    Dave Skow
    • Lender
    • Seattle, WA
    898
    Votes |
    2,618
    Posts
    Dave Skow
    • Lender
    • Seattle, WA
    Replied

    @Matthew Graves- thanks   ...very unlikely to find a lender that will do one " blanket " mortgage on multiple properties in different states ....also most lenders will likely not be interested in wrapping land in with sfr  properties ...if you locate some options - it will likely be  quite pricey  

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