Looking for lender to finance bundle deal

[Ruchit Patel]

Hello,

I'm trying to buy 3 duplex and SFH as a bundle. Looking out for different loan products available currently.

Thank you, 

Ruchit Patel

[Daniel Christopher]

Quote from @Ruchit Patel:

Hello,

I'm trying to buy 3 duplex and SFH as a bundle. Looking out for different loan products available currently.

Thank you, 

Ruchit Patel

I'd suggest financing these individually under a DSCR loan. Portfolio/blanket lons can get trick on the exit should you want to refinance or sell just one of them. Typically the payoff on 1 property from the bundle is 125% of the existing loan amount which makes it a headache to get rid of an under performing property.

Also, a blanket loan if vested under an LLC makes all those assets tied to any liability risks of the rest. Again, DSCR loan with each property under a separate LLC, IMO, would be the best route.