Do portfolio lenders usually only do bundle loans?

[Joshua Hollandsworth]

When you try to use a portfolio lender, are they going to want a bundle of loans in order for it to be worth their while? Or can I buy property to property. What I mean is, are they going to say- "We would need you to bundle all of your rentals into one big loan before we will lend on additional properties?" or are they going to say "Sure we can do this property, let us know when you would like to do the next one?" I am using up as much conventional as I can right now. I'm just forward thinking! Thanks a lot!

[Anna Buffkin]

@Joshua Hollandsworth

A portfolio lender is kinda of a generic term for someone/ entity lending their own money. Many want to lend on large loan amounts and/or multiple properties. If you are looking for someone to lend you money without having to conform to Fannie/Freddie guidelines, you are looking for people or probably banks and credit unions that loan their own money rather than selling the loan. Call small banks and credit unions. I have one credit union that loans their own funds on investment mortgages below $120k. I have a $21k mortgage with them along with my HELOC.

Call around to small banks and credit unions with just one or a few branches.  They are usually your best bet.