This gives you the flexibility to end leases in the future if you want to rehab or raise rents.

I thought I remembered hearing of some form of loan that has higher rates but can cover multiple properties and is flexible, so that they can be sold individually. 

I have 10+ blanket loans and enjoy the flexibility that comes with portfolio lending. 

The downside is restrictive guidelines, a ton of paperwork, lack of flexibility.Commercial types of financing have pros that are flexibility in guidelines and structure you can do all sorts of stuff from substitution of collateral to partial lien releases on blanket commercial mortgages to cross collateralization and many others, less documentation than conventional financing products, use of debt coverage ratio (DCR) as opposed to Debt to income (DTI) and if you compare DCR to DTI the commercial lenders go up to 80% DTI since the reverse of 1.25x DCR is .80 or 80%.There are downsides to commercial financing and that is the convenants with in the mortgage note that can allow the lender to call the note so make sure to read all the definitions for what substantiates a "default," by the lender you'll be surprised by the definitions and language at times. 

The only genre that pencils out today. 

My daughter has one semester left before graduating college at the University of Arkansas.I spent much of my time raising my daughter because of my flexible schedule including softball, gymnastics, junior and high school band, daycare place, and piano lessons just to name a few. 

An FHA loan should be more flexible with your debt to income ratio and will allow you the lowest possible down payment on multi family property. (2 - 4 units) If you are still running into a wall after that I would look at either seller financing as mentioned above or find a deal so good that friends and family want in on it.

Hey everyone, I know the Wichita forum isn't that active but I figured I would give it a shot. Now that I have a few properties in Wichita, I was looking for a local lender that could do small multi-families. To make ...

There may be some flexibility if your going from a multi-family home to a single family home.

You can also go the community bank route a look for a portfolio loan, which will give you flexibility to expand/borrow on more properties.