best way to buy multiple sfh at once
So we are currently in a 1031 exchange and have potentially found a replacement property(ies). The owner has 17 townhomes he is selling off. We wanted to see what the best option would be to purchase these units. Property does need some rehabbing as it has been poorly managed, but it really cashflows as is even with 5 vacancies! This is a real value add and don't want to miss out. Would this deal be best as a portfolio loan or commercial loan? if we financed them individually I'm assuming after the 10th loan we'd max out and since each unit is around 32k that may be too low to finance individually anyway. Any ideas would be greatly appreciated..