Purchasing a Portfolio in KS - How to Finance?
Hi BP Readers -
We are about to go under contract on 7 properties in Kansas, about 20 units. Mostly college rentals, and we're getting them at a significant discount to market (even considering some deferred maintenance). There are also some value-add opportunities in a few of them. Lower than market rents, capacity to add rooms, etc.
However, we don't know how to finance them. We don't want to do 7 traditional mortgages; but would rather bundle these up as a portfolio. Any suggestions?
Thanks!