Updated over 9 years ago on . Most recent reply
Blanket loan
Hello all,
Hey I was wondering, I live and invest in Louisville Kentucky. Does anyone know a bank that will do blanket loans on rental properties? I have 4 single family houses all valued between $40 &50k each and I would like a loan of $100k collateralized by the four properties for as long a loan add I can get. 30 yr being my best option but even a 15 year would be great. If not, do you know where I can go?
Most Popular Reply
Fred Helm Several people have suggested you purse Local Banks. I would take it a step further. Research Community Banks and Credit Unions. These institutions have a vested interest in their Local Communities and typically offer better terms then Regional and Big Banks.



