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Updated about 3 years ago on . Most recent reply
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How to finance a mutli-parcel deal?
I am a Realtor and I am always trying to build my knowledge. I am looking for seasoned investor or loan provider insight. Other than cash, how can a multi-parcel deal be purchased? I have attached the listing below for an example.
714 N Monroe 19 Others, Bay City
$2,950,000 | 16 bds • 16 ba
https://apps.realtor.com/mUAZ/73e1d2a4
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Brittani Purman you could use a standard "Blanket" loan to do this. Blanket loans cover multiple properties with one loan. Pretty standard stuff in the commercial/portfolio lending world.