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Updated over 6 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Mike Putnam
  • Investor
  • Andover, MA
3
Votes |
8
Posts

multiple multifamily advice

Mike Putnam
  • Investor
  • Andover, MA
Posted

I am looking to purchase 3 multi family properties from a seller liquidating some of theri portfolio. One is 75 rented and fully rehabbed, one is 50 rented and 50 in need of rehab, and one is in need of a full gut rehab. Total of 13 doors. I will be purchasing through an LLC and securing bank financing under the BRRRR strategy. I wll be funding the rehab though HM or private money. Would you purchase all three together and secure one commercial loan for the properties or do I have to get three separate loans?

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