You probably have at least 2 options I can think of without getting really creative.
1. you can use hard money to buy all of them, structuring the loan so you can refi out 1 house at a time.
2. you can contact a commercial lender and try to do a blanket commercial loan that covers all 4. It might have to be with a small local bank instead of a big bank, but I prefer to work with local banks anyway.
other than that you can always try to raise Private money, seller finance/carryback (doesn't sound like an option), partner with an equity partner, or some combo.
Do these properties require rehab or turn-key?
Originally posted by @Sam Asante :
Are there any other options outside of a hard money lender to fund an investment deal that comes with 4 houses that need to be sold? The seller does not want to sell them separately. The houses haven’t hit the market yet so the pricing is fair and the comps speak for it, not to mention but they are also tenant occupied and bringing in rent every month. Any advise would be greatly appreciated.
There are lenders out there who will allow you to blanket all 4 properties, and it will be better than typically hard money. However, as stated above - if you're bankable, the banks are certainly your best initial option. They'll have the best rates and terms, but the process will be substantially longer than goinf to the secondary market lenders. These will bring you rates between 6-9% with the average being about 7-7.5%., probably a couple pts, but will close much quicker 3-4 weeks.
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