Portfolio loan for multiple properties

[Wilson Hunter]

Hello!

I usually live in the short term rental forums - first post here. :)

I'm wondering if there are any major advantages in low LTV portfolio loans for multiple properties other than helping with the conventional loan max. For example, what do the rates look like on putting 5 properties into one 30-year fixed portfolio loan with 50% LTV? Is it possible to get a better interest rate than 15-20% down conventional products on the individual properties? Is it possible to get payment schedules that aren't as frontloaded with interest as conventional?

Thanks!

[Stephanie Medellin]

@Wilson Hunter  It's a bit of a misconception that you can have a maximum of 10 conventional loans.  The conventional guidelines say you can finance a maximum of ten 1-4 unit residential properties when you're financing a 2nd home or investment property.  If you have 5 residential rentals and take out one loan against all 5, you still have 5 financed 1-4 unit residential properties.  If you have a 1st lien and 2nd lien each on 10 different properties, you still have 10 financed properties, even though you have 20 loans.