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Updated almost 7 years ago on . Most recent reply
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Multiple properties, one loan - can't remember the name?
I learned about this from one of your podcasts (I think).
I can't remember what it was called. I just need the name, then I can do my research.
You own x number of properties and want to buy another. You get a (insert name) mortage that covers your entire portfolio using the existing properties as equity/collateral and enough cash to purchase the new one.
I own property X free and clear
I want to purchase property y but don't have enough for down payment
I'm trying to avoid a withdraw from a 401k
Thanks!
Most Popular Reply
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Hey - I have someone that I think can help you... They've done commercial loans for my clients. Let me know if you'd like their info via private message. Thanks & good luck!