Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

9
Posts
1
Votes
Catherine McHale
  • Real Estate Investor
  • Los Angeles, CA
1
Votes |
9
Posts

How to undertake multiple transactions at once?

Catherine McHale
  • Real Estate Investor
  • Los Angeles, CA
Posted

Hello,

I own a few properties- an SFR by myself, and 2 duplexes with a partner. I currently have another SFR under contract, partnering with a different partner. I would like to accelerate my purchasing before interest rates tick up by getting a HELOC to tap equity on my primary home to use as down payment for the next property, But I think I need to wait until the we close on the current under-contract home, to avoid creating issues with the underwriter. I know there are many folks on here who purchase multiple properties each month- how are you able to do so? Should I be looking for a portfolio lender? Also concerned that each time I apply for a loan, my partners need to submit a certain amount of their financials, bank statements, etc., to show where income/expenses from each property go, Is there a way to streamline this, to avoid having each partner have to provide paperwork for every new deal of mine, even if it does not involve them? Thanks for any help!

Loading replies...