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Updated almost 11 years ago,
Getting ideas how to finance a five SFR deal
I have the opportunity to potentially acquire a package of 5 SFRs. After calling my regional lender, I was told that now they limit mortgages to four instead of ten but they said if I put the properties on one contract, it gets handled as one mortgage. I have to dig deeper into this before I believe the one contract one mortgage option. My question is, what other financing options are on the market for SFR packages. I will hit lenders tomorrow and would like to ask intelligent questions to cut to the chase without wasting time. Any idea is appreciated.