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Updated over 2 years ago on . Most recent reply

User Stats

25
Posts
3
Votes
Douglas Underwood
  • Rental Property Investor
  • Vancouver, WA
3
Votes |
25
Posts

Blanket loan or LOC Needed on Portfolio of Duplexes for LLC

Douglas Underwood
  • Rental Property Investor
  • Vancouver, WA
Posted

I have a LLC in Washington state that owns a 24 unit portfolio in Kansas. I currently have a commercial loan on these and would like to take a loan out against the value of the properties but not sure the best approach/structure. Any advice and or recommendations would be appreciated.

  • Douglas Underwood
  • Most Popular Reply

    User Stats

    1,266
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    Zach Edelman
    • Lender
    • Austin, TX
    1,285
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    Zach Edelman
    • Lender
    • Austin, TX
    Replied

    Should be able to do these as a DSCR refinance and depending on property values can refinance all 24 into a long-term 30 year loan.

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