I have a 7 house portfolio I purchased at a 12.5 cap. Severely under rented. Used commercial lending, but late in the game they bumped me from a 20yr to a 15yr term. Performed commercial mortgage appraisals on all 7...
I’m currently working with a lender on a Portfolio loan for my 2nd STR. Rate is great (considering market) with 15% down 30yr fixed on an investment property.
I’m not too familiar with these types of loans and it ap...
I need some advice from those of you who Buy and Hold properties. I have 2 offers on houses and need some advice how to proceed. I have the 20% down and would need to finance the rest.I am preapproved for a portfoli...
So I have a friend of mine who's an agent in Atlanta. She has a decent off-market portfolio of single family homes/duplexes and triplexes (20+) with a good NOI. Not in an amazing area but not a war zone either. I d...
Hello All,Have you successfully lined up a revolving credit line on your entire portfolio? I have a lot of equity spread between my multiple properties, and I'd like to find a bank that will extend a line of credit co...
I am looking into purchasing a 5 unit property as a "bulk sale. There are two separate buildings on the same plot, one is a triplex and the other is a duplex. Would this be considered commercial financing as a 5 uni...
What’s going on everyone?I am currently seeking some answers or advice on how to go about refinancing my portfolio.Is there anyway to go the commercial route and have the portfolio valued by the income approach? I’ve ...
Hello you all.
I recently closed on a small single family home, but am about to get on a small scale rehab project. The property is located in downtown Trenton. It was my first deal, and I am pretty satisfied with th...
Hi, I’m looking for a portfolio lender in the Austin area. I’d also like to know of any portfolio lenders that lend in all states if they also cover Texas. Thank you! I have a mobile home on the property along with 2 ...
Hey everyone I am working on purchasing a portfolio of Single Family Homes in Memphis and would like to know if anyone has a Portfolio Lender that they can recommend. Thanks