Rental Property Investor · Tulsa, OK · Member since 2017 · 33 posts · 15 votes
I’m looking for recommendations on either lenders that give the best terms for portfolios like mine, or commercial mortgage brokers that can work on my behalf to find the best terms.
I’m preparing to lock in a long term portfolio loan before the end of this year. It will be a refinance of a stabilized portfolio.
20 Duplexes- all units are short term rentals. They are located in tulsa, Oklahoma.
Value - Around 7 million
Loan amount: around 5 million
I’m looking for a lender that will do 30 years fixed on this type of portfolio with competitive rates. I know most don’t, but there are a few that do.
Recommendations of lenders or Brokers that could help?
If you're still looking I'd be happy to review. Our portfolio loan will allow up to 25 properties and a total loan amount of $6.25m assuming they are all 1-4 units. We also offer a 5-9 unit DSCR. Would be set up as a 30 year fixed rate.
I’m looking for recommendations on either lenders that give the best terms for portfolios like mine, or commercial mortgage brokers that can work on my behalf to find the best terms.
I’m preparing to lock in a long term portfolio loan before the end of this year. It will be a refinance of a stabilized portfolio.
20 Duplexes- all units are short term rentals. They are located in tulsa, Oklahoma.
Value - Around 7 million
Loan amount: around 5 million
I’m looking for a lender that will do 30 years fixed on this type of portfolio with competitive rates. I know most don’t, but there are a few that do.
Recommendations of lenders or Brokers that could help?
Thank you in advance!
-Taylor
@Taylor Hosick That's a solid portfolio. Since you're looking at a stabilized refinance, I'd also compare lenders based on prepayment terms, reserve requirements, and how they underwrite STR income—not just the rate. Those items can make a big difference over the life of the loan.