Blanket Loan with 3 potential properties

[Nick Vehr]

So i have an opportunity to pick up 3 houses from the same person. All within a couple blocks of each other, and would be able to cash flow all of them. However, the sale price on all of them would be ~45-50k a piece, which means most traditional loans are out as banks generally don't do loans <50k as well as the point idk if I want to take 3 loans on these properties. 

I was wondering what are the details i need to know about Blanket Loans. I have done a little research but heres what ive gathered:

-They are commercial loans, so they will need to be lended to my LLC but with me and my wife protecting them with our assets

 -It is a different process to qualify for a commercial loan

 -it does not hit my personal credit, as its a loan to my business, im sure theres some impact if we were to default

 -It can cover all three properties, as if it were one, while still giving me the ability to sell one if need be. 

Honestly, im not sure where to look, and what to look for, can anyone share their experiences with blanket loans, What are the in's and out's? Frankly, I'm going to keep researching and calling around but I wanted to see what everyone here thought. 

Thanks!