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Updated about 9 years ago on . Most recent reply

User Stats

231
Posts
102
Votes
Stan Butler
  • Investor
  • Roswell, GA
102
Votes |
231
Posts

Anyone Getting Blanket Loans??

Stan Butler
  • Investor
  • Roswell, GA
Posted

About 8-10 years ago these were fairly popular in the investment community to consolidate a bunch of individual loans under a single "blanket". Is anyone writing these kind of loans anymore??

Most Popular Reply

User Stats

231
Posts
102
Votes
Stan Butler
  • Investor
  • Roswell, GA
102
Votes |
231
Posts
Stan Butler
  • Investor
  • Roswell, GA
Replied

@Marc Creason - Lets say its a portfolio of 6 SFR properties with a total value of about $600k and LTV of about 75%. I would like to see if there are products out there with amortization of 15-20 years, long fixed rate period and no balloon (or as far out as possible). They are all currently financed with individual Portfolio Loans

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