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Updated about 10 years ago on . Most recent reply

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Tyler Joseph Reeves
  • Real Estate Investor
  • Mesa, AZ
0
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4
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Finding Portfolio Lenders

Tyler Joseph Reeves
  • Real Estate Investor
  • Mesa, AZ
Posted

We are looking to buy and hold SFR in the Charlotte, North Carolina area. Does anyone have any tips on finding a good portfolio lender?

Thank You,

-Tyler

Most Popular Reply

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264
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Robert Sepulveda
  • Lender
  • Newport Beach, CA
97
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264
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Robert Sepulveda
  • Lender
  • Newport Beach, CA
Replied

I see. That's common. There are portfolios for that reason that will only take into consideration the income and debt of the subject property. You can do that up to 10 times typically. After that, you'll be looking at commercial pool loans (which aren't desirable at all) or private money.

You can sometimes to 10 loans with 1 portfolio and 10 loans with another, etc. depending on who you use.

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