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Updated over 6 years ago on . Most recent reply
How to finance a Portfolio deal?
I'm looking at a portfolio deal with 3 properties (10 units total). The seller isn't interested in owner financing so I'm looking to get a loan but I'm stump on where I should start looking. I heard about SBA 7a and Freddie Mac but I'm not sure if this would qualify as it's multiple (residential) building (all less than 4 units).
What are some of my other options?
Most Popular Reply

Given the information above, I believe you have two good options:
1) Finance all three separately on conventional, FHA financing (under 4 units)
2) Approach a local bank on the deal. They most likely won't allow as high leverage as FHA in (1), but they'll be used to "unique" situations.