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Updated over 9 years ago on . Most recent reply

David Higgins's profile image
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David Higgins
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  • from Houston, Texas
  • Member since Mar 13, 2015
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David Higgins's profile image
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David Higgins
  • Investor
  • from Houston, Texas
  • Member since Mar 13, 2015
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David Higgins
  • Investor
  • Houston, TX
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Private Lending & Conventional Mortgage Advice

Blanket Loans

David Higgins
  • Investor
  • Houston, TX
Posted

I am looking to refinance 7 properties and also purchase a package deal of 5 all SFR. Anyone know of a lender that will do a blanket for all 12 with terms of 75-80% LTV/LTC with 30 year amortization?

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Lenny Shwartz's profile image
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Lenny Shwartz
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  • from Lake Worth, Florida
  • Member since Nov 22, 2015
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Lenny Shwartz
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  • from Lake Worth, Florida
  • Member since Nov 22, 2015
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Lenny Shwartz
  • Investor
  • Lake Worth, FL
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Lenny Shwartz
  • Investor
  • Lake Worth, FL
Replied

Hello! I am looking for the same thing, but my 9 properties have no mortgages. I would be happy to get 50/60% LTV / LTC blanket mortgage for 30 years. I have an opportunity to buy 5 properties from one lady at below market values & another 3 properties from another gentlemen in the same complex. Great risk vs. reward for the 8 of them. Thanks for any help.

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