We call those loans commercial or portfolio loans. 

Keep on growing that portfolio!

Planning to buy this property, https://table.investments/portfolio/201-elm-midwest/.

All of these deals were done between Denver, CO and Orlando, FL.We = Me, My partner who is also 22, and the team we built.My 2018 in ReviewPurchased  ~$8.6M worth of real estate across 35 properties for ~$5.7MWe sold and closed on 20 of these properties in 2018 for a gross profit of ~$1.15M after realtor commissionsand we still own 15 of those properties with about $1.2M in equity, all of which are scheduled to be sold and closed in early Q1 2019.Total Equity Created in 2018 was $2.35MTotal Equity Realized/Cashed Out was $1.15MTotal Equity in Assets We Still Own is $1.2MWe acquired the majority of these deals off market through our own marketing, and bought three of them off of the MLSTakeawaysYou can buy your first property before you're 25 :)Leverage is a powerful tool if you use it correctly (we stay under ~70% LTV across the portfolio at all times)The reason this worked is because of years of experience in off market acquisitions and an up market. 

She is clearing out her portfolio and is willing to sell them to us for $110k together.

@Matt Kelty ,There are pros and cons to it, but I like to have a larger portfolio with buying more for 120k than just having 1.

Looking to add this to my portfolio in the next couple of years.

It's a common problem but there are entire books on commercial/portfolio type of lending.  

I've found a nice city that has an old couple selling there rental portfolio, each duplex they are selling is around 50,000 and they rent out from 1000 - 1300 dollars a month (both sides added together).

@Frank Costa just tell him that you are local investor seeking to expend your portfolio. mentioning that his complex at XYZ St could be a good fit , and that you are interested in talking to him if they would consider selling. leave your phone number and email.