Portfolio Rental
For LLCs and corporations with two to ten rental properties in the same state, refinancing or buying them together under one loan.
Or call or text Tyler at 408-459-8133.
At a glance
The terms
Terms as of November 8, 2026. Subject to approval by underwriting.
- Loan size
- Up to $2,000,000; at least $50,000 per property
- Leverage
- Up to 80% of value
- Properties
- 2 to 10 properties in one state
- DSCR
- 1.05 DSCR on in-place rents
- Credit
- 660 minimum credit
- Rate and points
- From your personalized quote
Sell one property and release it from the loan by paying 1.2 times its share.
Terms as of November 8, 2026. Up to the limits shown; subject to approval by underwriting.
A non-binding estimate as of November 8, 2026; not a pre-approval or pre-qualification. Terms as of November 8, 2026.
Who it's for
Investors with several rentals to finance together
- An LLC or corporation buying, refinancing or taking cash out on 2 to 10 rentals.
- Rentals at least 90% occupied, counted by unit.
- Guarantors with a 660+ mid-score; the loan is full recourse.
Not eligible Property types, locations and borrowers
Property types
- Non-warrantable condos
- Mixed use
- 5+ units
- Condotels
- Co-ops
- Mobile or manufactured homes
- Commercial property
- Cabins and log homes
- Oil and gas lease property
- Leasehold property
- Operating farms, ranches and orchards
- Vacation or seasonal rentals
- Unique, exotic or luxury property
- Unpaved or dirt-road access
- Rural property
Locations
- Property in Arizona, California, Idaho, Minnesota, Nevada, North Carolina, North Dakota, Oregon, South Dakota, Utah or Vermont
- Lee, Charlotte, Sarasota and Collier counties in Florida
- Baltimore City
Borrowers and use
- Individuals: borrow through an LLC or corporation
- Owner-occupied, personal or family use
What you'll need
Documents for a portfolio loan
You don't need all of this to start. Tyler tells you what's due when.
- Bank statements for the last two months, from the same account
- The purchase contract for each property (purchases), plus the contracts from each earlier sale if a wholesaler assigned it
- The original settlement statement or the deed for each property (refinances)
- Leases for each occupied unit; on a purchase delivered vacant, the purchase contract should say so
- Proof of rent collected for each occupied unit (refinances)
- The tax certificate for each property
- The insurance certificate for each property
- A payoff statement for each loan being paid off (refinances)
- Entity documents: Certificate of Formation, EIN letter, Operating Agreement and a recent Certificate of Good Standing with the state's seal
- The condo questionnaire for a condo, and the HOA bill for any property in an association
- An attorney opinion letter when the loan is over $1,000,000 (over $500,000 in New Jersey and New York, over $2,000,000 in Hawaii)
Insurance: General liability of $500,000 per occurrence and $1,000,000 aggregate, or $500,000 per occurrence with no aggregate. Property coverage of the greater of 80% of replacement cost or the loan value when replacement cost exceeds the loan. Business-interruption coverage of 12 months. Mortgagee clause: provided at closing.
Five questions
Tell Tyler about your deal
Questions
Portfolio Rental questions
What is a Portfolio Rental loan?
One long-term rental loan on 2–10 rental properties in the same state, for an LLC or corporation buying them, refinancing them or taking cash out. Loans run up to $2,000,000, with at least $50,000 on each property, and reach 80% of value. The properties together need a 1.05 DSCR on in-place rents, at least 90% of the units occupied, and guarantors with a 660+ mid-score; the loan is full recourse. Sell one property and release it from the loan by paying 1.2 times its share. Tell Tyler about your deal or apply online.