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Updated almost 9 years ago on . Most recent reply

Derek Buckler's profile image
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Derek Buckler
  • Investor
  • from Austin, Texas
  • Member since Oct 20, 2015
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Derek Buckler's profile image
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Derek Buckler
  • Investor
  • from Austin, Texas
  • Member since Oct 20, 2015
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Derek Buckler
  • Investor
  • Austin, TX
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Personal Finance

Loan Using Multiple Properties at Once, Texas

Derek Buckler
  • Investor
  • Austin, TX
Posted

I have 2 duplexes in Killeen Tx. One is worth $35k and the other $70k. I would like to find a lender that will give me one loan for both properties together. What is this type of loan called and who gives these types of loans?

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Account Closed's profile image
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Account Closed
  • from Killeen, Texas
  • Member since Sep 6, 2015
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Account Closed
  • from Killeen, Texas
  • Member since Sep 6, 2015
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Account Closed
  • Killeen, TX
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Account Closed
  • Killeen, TX
Replied

It's normally called a blanket loan.  It's also known as a portfolio loan.  I own 7 properties in Killeen and I've considered this type of loan myself.  Dwell Finance offers this type of loan. 

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