I’m an experienced investor in Southern California with multiple free-and-clear properties. I’m looking for a lender or broker who offers a blanket / cross-collateral loan where I can use equity in my existing properties as collateral instead of putting cash down.
Here’s what I’m specifically looking for:
• Blanket or cross-collateral loan
• Ability to use 1–3 properties as additional collateral
• Long-term rental loan (NOT a bridge loan)
• Standard DSCR-style underwriting
• No cash-out required on the collateral properties
• 30-year fixed rental loan preferred
• All properties (purchase + collateral) are located in California
This is NOT a shared-equity product (e.g., HomeTap), NOT a bridge loan, and NOT hard money. I’m looking for a lender familiar with portfolio / structured investor financing.
If you are a lender or broker who works with these structures, or can point me to a group that does, I’d appreciate connecting.