Blanket Loans for Real Estate Investors
A blanket loan finances 2 to 100+ rental properties under a single note and mortgage. The portfolio cash-flows together at the loan level, releases are negotiated upfront, and you close one transaction instead of ten. Used by investors consolidating mid-size portfolios or buying turnkey packages.
Highlights
- •Single loan covers multiple properties
- •Portfolio-level DSCR (typically 1.20–1.25)
- •Release clauses let you sell individual properties
- •Consolidates underwriting + closing costs
- •Typical size $500K to $50M+
Who it's for
Investors with 5+ properties looking to refinance into one loan, buyers of turnkey packages, and operators consolidating short-term-rental portfolios.
Frequently asked questions
How are release clauses structured?
A release price (usually 110–125% of the per-property allocated loan amount) lets you sell or refinance an individual property out of the blanket. Funds either pay down the blanket or are reinvested into a replacement property in some structures.
What’s the advantage over keeping individual loans?
Lower total fees (one closing vs. many), simpler bookkeeping, often a better rate on portfolio scale, and one lender relationship instead of ten.
Disadvantages of a blanket loan?
Cross-default — a missed payment or insurance lapse on one property can trigger the entire loan. Refinancing or selling one property requires lender approval. Less flexibility than separate loans.
Minimum number of properties?
Most blanket programs require at least 5 properties. A few specialty lenders go down to 2.
Got a blanket loan scenario?
Tell us the deal - we'll match you with the right lender and come back with current pricing.
Common questions on this topic
Can a DSCR loan close in an LLC?
Yes. LLC closings are standard for DSCR loans. Single-member and multi-member LLCs both work, with personal guarantees from the members.
Can I get DSCR loans on multiple properties?
Yes. DSCR loans have no cap on financed properties, unlike conventional. Many investors hold 10, 20, or 50+ rentals via DSCR.
Are DSCR loans recourse or non-recourse?
Most DSCR loans are full recourse with personal guarantee. Non-recourse structures exist on larger loans but carry higher rate.
Strategy guides
10 min read
Scaling a Rental Portfolio Past 10 Properties
How to scale a rental property portfolio past 10 units. Conventional caps, DSCR strategy, blanket loans, lender concentration, and operational scaling.
8 min read
Exit Strategies for Investment Real Estate
Investor real estate exit strategies compared. Sell, 1031 exchange, cash-out refinance, hold forever. Tax implications and decision math.
Related programs
Cross-Collateral Loans for Investors
Cross-collateral loans use equity from one investment property to support financing on another. Solve down payment shortfalls without selling.
Mixed-Use and 2-8 Unit Investor Loans
DSCR financing for mixed-use buildings (residential + commercial) and small multifamily 2-8 unit. No personal income docs.