Loans

Can you have one loan that covers more than one piece of property?( 5 rentals) Also what happens when you get to the limit of 10 conv. loans on rental properties, where do you get the money for more? Take out equity? Thanks in advance

Yes you can, it’s called a commercial blanket loan.

If you use a blanket loan, you can purchase another 10 properties and repeat the process (get another blanket loan) so that you continue to qualify for Fannie Mae guidelines.

Regards,

Scott Miller

A bridge loan won’t work…

Thank You