Lillian Leigh
Referral for Blanket Mortgage
Hello BP,I'm interested in 2 properties in Trenton NJ. A duplex for $54K and triplex for $89K, and are both cash flowing now. We have good credit, 25% down payment and my husband is a W2 earner. Does anyone have a re...
Dulce Davis
Opinions on Blanket Mortgages
I hear that it's hard to find someone in Texas who will do blanket mortgages. Another lender who is also an investor, says its really not allowed in our area but she knows it happens. What are y'alls opinions on blank...
Shanequa J.
Blanket loan in Houston
I have 2 properties under contract for 40k each and about 6-8k in repairs for both houses. Getting the HML is not hard. Refinancing out of it is what I'm finding to be difficult. Does anyone know of a bank that would ...
Alex Shaughnessy
Hard money blanket loans?
Hey BP. For a flipper trying to acquire multiple properties at once, do hard money lenders provide blanket loans?
Daniel B.
Refi on blanket loan question
We have two properties worth approx $220,000 and $125,000. We (my wife and I) have a blanket loan that is now $169,000. This loan is amortized over 20 yrs but had a balloon after 5 yrs (4 1/2 remaining). We are lo...
John Matthews
Seller Financing with Blanket Loan
Hey all,I tried to find the answer to this elsewhere on the forums, but was unable to find my answer, so here goes:If a seller is selling individual properties in their rental portfolio, all covered by one blanket loa...
Seth Mosley
Looking for a blanket loan
Any advice about getting a blanket loan to cover a few of my conventional mortgages?Looking to free up a few more for additional purchases.All my properties are in Tennessee thus far.Thanks in advance!
Sheen Jowl
Experience with SFH blanket loan?
Hi BP community, I wonder if anyone has experience with https://www.velocitymortgage.c... or https://www.foacommercial.com. I'm planning to take a blanket loan for my single family investment properties. I have 3 prop...
Jose Zaldivar
BLANKET LOANS FOR 11 PROPERTIES
HEY I HAVE A PORTFOLIO I AM LOOKING AT ITS 11 PROPERTIES AND I NEED SUM FUNDING ANYBODY HAS ONE THAT CAN HELP
THEY ARE ALL RENTED AND THEY ARE TURN KEY IT IS UNDER CONTRACT OR CAN ANYBODY TELL ME WHERE I CAN GET A B...
Luis Melendez
Blanket mortgage or portfolio lender
Hello BP communityI’m in a bit of a jam and trying to see if anyone can help. I have 16 units that I would like to do a cash out refi. Those 16 units are comprised of 1 four unit property 4 three unit properties. Thy ...