Portfolio Lenders

[Erick Garske]

I am looking for a portfolio lender to lend against a group of yet to be identified properties in order to satisfy a need to complete a 1031 exchange. Briefly looking through the archive, I see that there are two: The Bank of the Internet, and First Key Lending.

Typically, what are the loan restrictions? Is there a limit to the number of properties that can be loaned against ( four to ten)? Is there a property value threshold?

What are the usual terms ( points, rate, duration )?  I

Thanks,

Erick