Portfolio of 7 brrrr’s

[Amran Musaid]

Recently I came across a deal that will double the the size of my portfolio and will cash flow very nicely for me. I have equity in my current portfolio but my current portfolio loan has a prepayment penalty and don’t want to refinance because I’ll have to pay this penalty. Is there anyway to finance this acquisition in which the lender will finance 100% of this acquisition and use my current portfolio as collateral for the deal? It’s a portfolio of 7 Brrrr’s and would like to 100% financing with my current portfolio as collateral then refinance and pay lender after I refinance the deal. I really would hate to walk away from a deal this good but don’t know what to do. Can anyone advise me?