Updated about 3 years ago on . Most recent reply
Financing multiple flips
I'm looking to start doing multiple properties at once. I have a good banker, but I would think that banks have a limit or formula that they adhere to for lending.
Is there a general rule/formula for how much risk a bank will take with an individual?
Should I just look at multiple banks\ hard-money lenders?
Thanks
Most Popular Reply
This depends on what kind of financing you are pursuing. Commercial bankers will evaluate your entire portfolio & financial stability, then assess the risk from there. DSCR and hard money will evaluate the asset, there should be no limit.



