Rental portfolio loans are for experienced investors who are looking to purchase or refinance multiple properties in 1 loan.
This is a tool most commonly used by seasoned investors who are looking to tap into the equity on multiple properties in their portfolio all at once, instead of multiple different refinance transactions.
Benefits:
Save on fees. Only pay underwriting/closing fee once instead of being charged on multiple different refinance transactions
Simplify portfolio management with 1 payment for all properties
Less documentation - These are approved based on DSCR, so you do not provide tax returns/paystubs/W2s/etc.
Minimum 660 credit score.
Up to 75% LTV on cash out refinance.
In today’s post/video we cover everything you need to know about rental portfolio loans, and how to get approved.
https://t.co/OsXShK8W5M
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