Funding to rehab my 10 unit rental property in Maryland
Earlier this year I purchase a 10 unit (10 SFH) property in Maryland. I've been working on the past couple months and have the first unit about ready to rent. I had initially planned to finance the rehab with cash and creative financing (lines of credit and such), and then financing it all through a bank. That's still an option, but it will be a bit tight, so I want to find out who might provide a bridge loan or landlord financing for this property. I've been looking around at a few and it seems many will only lend on multi-family up to 4 or 6 units, and many don't fund for rehabs. I currently own two rentals in Virginia as well, so would be interested in a portfolio loan and working with a single lender (if longer term). Thanks.