One loan for multiple properties

You have several issues to deal with.. the first is regarding your income... in order to see if your income could be used, a qualified loan officer would need to review your last 2 years. Because your income is generated in Australia, you are probably paying taxes in Australia, and showing the income on a US tax return.. unless you pay taxes to the US on that income, most lenders will not consider it. FNMA guidelines state it can be used, however most lenders will disallow it. It's very difficult for a US lender to verify income that's not generated here in the US, so it opens the door for fraud. Because of that, most lenders will shy away from folks where all their income is foreign.. the 2nd issue you will be dealing with is you cannot secure one loan on multiple properties.. If you stop paying, which home/property do they foreclose on?? there are some hard money lenders that will do these types of bulk loans, but the terms and fees are terrible and the rate is usually very high.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

In the residential mortgage market, there is no one loan to do what you want. Mortgages are generated to be packaged and sold. This requires one property, one loan, period. Now if you were a successful real estate mogul and had a proven track record of acquiring property to hang on to for a period and then sell, you might find a commercial bank that would consider a line of credit for you to use, and they may or may not take the property as collateral for this, but it would be treated as a business or commercial transaction. Now, if you are willing to consider getting approved for several loans to acquire several properties, you will need to work with a Mortgage Lender licensed for TN. Because you are looking at investment property and are working out of country, you are going to have to be VERY strong financially. If you have never been a landlord before, then none of the proposed income the rentals will generate will be considered for qualifying. I'm not licensed in TN so I am unable to assist. You can find qualified and licensed Originators at the National Association of Mortgage Professionals at www.NAMB.org. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

How many multiple properties are you looking to purchase. Are they single family or multiple units. Do you own any other investment properties currently & or principal residence. How is your credit. How much down payment are you willing or can put down.

Hello,Will these purchases be residential of commercial properties?

Sorry I just realized you wanted one loan for multiple properties. I have no Investors that will do this type of loan. Actually I doubt very much if what your asking is doable.

I can help you with up to 10 financed properties including a principal residence. To get started on a pre-qual I would need basic application information submitted at www.southwestfunding.com/ken.johnson, last two years tax returns including all W-2's and 1099's etc, list of current real estate owned, 30 days of paystubs, 60 days of bank and investment account statements. That should get us started.

Yes there are loans for that and then there are loans where you can purchase them seperately and then lump them altogether into another "1" loan. You can also do this as on a commercial loan and then lastly if you have enough assets you can get a line of credit. There are several options for you to choose from