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Updated 7 months ago on . Most recent reply

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Tom Thomson
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49
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Blanket Mortgage Lenders?

Tom Thomson
Posted

I have an opportunity to buy a group of 4 or 5 properties and wondering if there are any lenders out there that still do blanket mortgages where I could get one loan for these group of 4 or 5 homes vs. getting an individual mortgage on each property?

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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
Replied

Hey Tom - 

Yes, sounds like a DSCR blanket would be a viable option. LTV would likely be between 65-70%. What are the individual prices?

  • River Sava
  • [email protected]
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