500K minimum blanket loan is killing me.
I am an investor in the Cleveland market (suburbrs). I own 7 rental properties all with 50-65K purchase price. I am coming up on my 10 mortgage max so I have been contacting lenders that can blanket these mortgages.
The problem is that they all have 500K minimum loans - Right now I am around 300K. Are there lenders for these types of loans that will go below 500K?