Loan for multiple SFD rentals in rural community
Hi BP community -
I am looking at an opportunity to purchase 6 small houses in a small community in northwest area of central Texas. They are relatively inexpensive from 40k - 80k. Would a portfolio loan be used to bundle these properties together and buy them as a package? What experience can you share or guidance on a way to finance all properties together? Any recommendations on a lender to talk to?
I am looking at an opportunity to purchase 6 small houses in a small community in northwest area of central Texas. They are relatively inexpensive from 40k - 80k. Would a portfolio loan be used to bundle these properties together and buy them as a package? What experience can you share or guidance on a way to finance all properties together? Any recommendations on a lender to talk to?