Time to Leverage....

[Jake Kozul]

I currently have 13 properties, 12 free and clear (all rented). I am looking to leverage these for a flip and to for other buy and hold opportunities I have in markets within an hour of where I live. What lending institutions or private money options are best for collatoriazing existing properties? Any advise would be helpful. 

[Jon Klaus]

I'd look to a local bank to do a commercial blanket loan for the 12. This will reduce the brain damage of trying to do separate loans on them. The bank can give you partial release of lien if you sell any in the future. Then I'd use conventional loans to buy additional homes until you reach the Fannie Mae limit. Then back to commercial loans.