Seasoned Investor looking for a Portfolio Loan

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Seasoned Investor looking for a Portfolio Loan

Rental Property Investor · Scranton, PA · Member since 2016 · 142 posts · 100 votes

Strong financials, low LTV, and good credit scores. Looking for a bank with aggressive rates that can refinance about 25 multi-family properties ranging from 2-12 units each. Mostly looking for a 10-15 year term to simplify my portfolio.

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  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    7y

    Adam, we would love to work with you, we would like for you to answer the following questions to see if we are a fit.  Thanks again.

    -Your full name: First, Middle, Last
    -Telephone: Office / Cell, email, fax, website if applicable
    -Address: Street,city,state,zip
    -Company name & legal form (Corp, LLC ,etc.)
    -Funding amount requested
    -Down payment amount
    -Property type
    -Property location
    -Monthly Bills(Including rent or house payment)
    -Gross monthly income(before taxes)
    -How many years do you need
    -How soon do you need the money
    -Executive summary, brief overview
    ( all other project documents will be requested after initial review and expressed interest ).

    Reggie Truss

  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    7y

    @Adam Guiffrida - happy to look at this for you.  Max term for a Portfolio Loan (also known as Blanket Loan) is 10 years with a 30-year AM.

    [email protected]

  • Rental Property Investor · Scranton, PA · Member since 2016 · 142 posts · 100 votes
    7y

    Simmy, thanks for reaching out. 10 yr term is fine but can you lower the amortization lower around 15?

  • Property Manager · Baton Rouge, LA · Member since 2014 · 2k+ posts · 195 votes
    7y

    Adam, Try us because:  Other lenders often won’t lend to LLCs or other legal entities ...They report the loan to the credit bureaus...They don’t allow more than a few (usually four) Loans on your credit report. We do what they will not, even with credit scores under 700 if required.

    https://nationalcc.wufoo.com/forms/hamilton-investment-properties/ 

    Click the Link above, see how it works and apply on-line now. Remember we help Tote the Note on investments in "special Need" housing we manage. Also, we welcome Co-Singers and Business Start-Ups.

    Special programs for credit scores under 700 and annual income under $50,00 if you need them.

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