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Updated about 8 years ago on . Most recent reply

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4
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Arnold Rosenblum
  • Closter, NJ
0
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4
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Cash Out Single Family Houses

Arnold Rosenblum
  • Closter, NJ
Posted

I have a number of a single family houses in Trenton NJ. I'm looking to cash out all of the properties. Currently all of properties are clear of dept.  Is it possible to cover all of the houses with a single commercial loan. 

I have a mortgage companies willing to give me a loan, but it is too expensive as a closing cost for each property will run about $3,500. It might be too expansive for the house cost 60-80k . I'm looking for a way to package all properties into one package and by that minimize the overall expenses for a financing.  

Any suggestions ? 

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