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Updated almost 6 years ago on . Most recent reply

User Stats

197
Posts
105
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Quentin Mitchell
  • Investor
  • Chicago, IL
105
Votes |
197
Posts

Blanket loan vs Portfolio loan

Quentin Mitchell
  • Investor
  • Chicago, IL
Posted

Which is better a blanket loan or a portfolio loan if there is a difference which is better and why?

Most Popular Reply

User Stats

101
Posts
72
Votes
Kata Walters
  • Rental Property Investor
  • Palm Desert ca
72
Votes |
101
Posts
Kata Walters
  • Rental Property Investor
  • Palm Desert ca
Replied

I'm using a blanket loan to buy 3 single family properties from one seller. By grouping them together I can meet loan minimums and get a nice price from the seller. I also only have to pay loan fees etc once :) 

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