Most banks, lenders, are not portfolio lenders meaning they don't keep the loan on their own books.

Just make sure that they have quality gear to do the job and ask them for some sample of their portfolio to see what they consider good quality.If you want to get fancy you can also get a video tour or a virtual tour of the condo.

It says"Over a portfolio, over time, your operating expenses (not including financing  costs) are going to be approximately 50% of your income"Notice that is Does Not say "every property will have exactly a 50% expense ratio." 

Hi all,If I want to refinance my portfolio loan into a conventional mortgage, how does the mechanic of the process work?

@Hen Ley Hello.There are many portfolio/commercial lenders out there that will provide loans based on the performance of the property.

So I need have either private/portfolio/hard money funding.

Think about how much your time is worth and whether you truly plan to build a solid, sustainable portfolio.

Interview them, check out their portfolios, websites, google reviews.

New mortgage brokers often will not have the experience and not have built up a portfolio of lenders they know will close the deal and not re-trade mid deal.My capital markets brokers close hundreds of millions a year in loans.

You could potentially save a lot in taxes and develop a nice real estate portfolio (or other assets) in a tax-deferred account.