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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceNYC condo portfolio loan?
Lloyd Spencer's profile image
Lloyd Spencer's profile image
Lloyd Spencer
  • Investor
  • from New York City, New York
  • Member since Mar 10, 2017
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Lloyd Spencer's profile image
Lloyd Spencer's profile image
Lloyd Spencer
  • Investor
  • from New York City, New York
  • Member since Mar 10, 2017
Connect
Lloyd Spencer
  • Investor
  • New York City, NY
14
Votes |
42
Posts
Private Lending & Conventional Mortgage Advice

NYC condo portfolio loan?

Lloyd Spencer
  • Investor
  • New York City, NY
Posted Apr 2 2019, 02:29

Hi, buying 4th investment condo in same building in NYC. Lenders won't allow an additional conventional resi loan as I have too many with my home and another property.

Is it possible to get a portfolio loan if I own 4 out of approx 500 units of a condo project? Assume condo financials and my credit are excellent.

Any tips or ideas appreciated.

Thanks!

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