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Updated over 3 years ago on . Most recent reply

Brittani Purman's profile image
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Brittani Purman
  • Realtor
  • from Freeland, MI
  • Member since Jan 4, 2022
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Brittani Purman's profile image
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Brittani Purman
  • Realtor
  • from Freeland, MI
  • Member since Jan 4, 2022
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Brittani Purman
  • Realtor
  • Freeland, MI
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Creative Real Estate Financing

How to finance a mutli-parcel deal?

Brittani Purman
  • Realtor
  • Freeland, MI
Posted

I am a Realtor and I am always trying to build my knowledge. I am looking for seasoned investor or loan provider insight. Other than cash, how can a multi-parcel deal be purchased? I have attached the listing below for an example.

​714 N Monroe 19 Others, Bay City

$2,950,000 | 16 bds • 16 ba

https://apps.realtor.com/mUAZ/73e1d2a4

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Brittani Purman you could use a standard "Blanket" loan to do this.  Blanket loans cover multiple properties with one loan.  Pretty standard stuff in the commercial/portfolio lending world.

  • Andrew Postell
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