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Updated about 7 years ago on . Most recent reply
5 SFHs in a commercial loan?
Hi guys,
I currently own 4 SFHs in Memphis, TN. I am looking at buying a 5th. I am wondering about the possibility of rolling all of these into a single commercial loan. A couple of questions...
1. Can I do this? Has anyone tried it before?
2. Do I buy the 5th house on a conventional loan and then try to refinance them into a commercial loan later or can I do the commercial loan purchase/refinance at the same time?
Thanks,
Daniel
Most Popular Reply
Douglas Skipworth
Professional Services
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- Rental Property Investor
- Memphis, TN
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Hi, @Daniel Mills.
The short answers are 1. Yes and Yes and 2. Either.
Feel free to send me a private message if you want to know a local lender who would like to look at the deal for you.
- Douglas Skipworth
Investor's Guide to Memphis Real Estate