Lending Options Multiple Properties

[Christian Hutchinson]

We have several rental properties.  Some owned outright for Cash, one has a mortgage.

We are selling two properties in the next 60 days.  We want to take the proceeds from those sales, which will be between 85-115K and roll the funds into 2-3 properties.  What are the loan options available for this? I would like to avoid three separate mortgages.  I would like to bundle them all together.

What do I need to speak to a bank about?  Also, besides evaluating our Cash Flows, and personal credit, and the potential purchases, what else will I need to execute the deal?

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