Single Family Homes under $65K

5 Replies

Hello,

I plan on purchases four single family homes in the Dayton-Fairborn area in Ohio. My first question is can I get financing for a mortgage in the $65K price range after putting 20 percent down? Is there anyway to get one mortgage for all four properties at once? 

Believe that would be a blanket loan. Allows multiple properties under one loan. Also, you can sell of individual properties inside the loan so long as you also pay of enough of the loan to release the propertie(s).

Originally posted by @Phillip Tillotson:

Believe that would be a blanket loan. Allows multiple properties under one loan. Also, you can sell off individual properties inside the loan so long as you also pay off enough of the loan to release the propertie(s).

I'm on-call and its late. Typo's fixed. (of = off. See quote)

Originally posted by @Christopher Powell II :

Hello,

I plan on purchases four single family homes in the Dayton-Fairborn area in Ohio. My first question is can I get financing for a mortgage in the $65K price range after putting 20 percent down? Is there anyway to get one mortgage for all four properties at once? 

Hi Christopher,

I got your follow :)

Feel free to connect.

Happy to help.

Thanks

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