The rental or the flip is thin, and the single-asset file dies on that one property: light cash flow, rent that will not carry the payment, or equity too small for the request. You own other investment properties. This page covers when a lender may read them together on one portfolio or blanket loan, what cross-collateral and a release change, and when a private-money desk can still read the file.
It is not a rewrite of what a DSCR loan is. The ratio already lives there. The bank comparison lives on DSCR versus a bank rental loan. A rent figure on an empty unit lives on DSCR on a vacant rental. A financed-property count lives on the 10-property cap. A hole behind one maxed first lien lives on GAP behind a first lien.
Funded Funding is a national private-money brokerage. We are not a bank. We are not an NMLS-licensed consumer mortgage lender. The loan is business-purpose, closed in an LLC or another business entity. The desk floor is $100k. No owner-occupied. This is a nationwide note, not a city page. Start on the Funded Funding homepage for the product list, or read what the desk is.
One property that cannot carry its own file
A single-asset file stands or falls on that one property. If the rent will not carry the payment, the formula stays on the DSCR explainer. This page will not restate it or publish a passing score. An empty unit is DSCR on a vacant rental. Thin equity behind a first lien that is already maxed is GAP behind a first lien, not a blanket with a new name. Work still open is cash-out denied because the property is mid-rehab. A strong rental you already own does not help unless it is on the note.
A portfolio read and a blanket loan
A portfolio read means the lender looks at more than one investment property together, and the weak property stays in the file. A blanket loan is the usual paper: one loan, secured by more than one property, so the properties cross-collateralize the debt. Some lenders call that note a portfolio loan. A single-property loan a bank keeps on its own books is a different use of the word. If the note covers one property, the other rentals are not the collateral.
Each rental still needs a defensible rent figure. The blanket payment is read against the group. Terms vary by lender. This page will not publish a ratio cutoff. A projection on the weak house is not a portfolio. On a purchase, properties you already own take a new lien, and lenders already on them are paid off or must consent. On a refinance, list which loans are paid at closing. The release question is the same either way.
What cross-collateral changes
Each property secures the whole debt, not a slice tied to that address. A default or a loss on one property can reach the others. You give up the isolation of separate loans. If you need one house insulated from the others, this is the wrong tool.
A release when you sell one property
A buyer does not release the lien. The blanket mortgage stays until the lender releases that property. A release provision is the lender's consent, a partial payoff, and a test that the properties you keep still secure what is still owed. Terms vary by lender. We are not lawyers, and this page is not your note. This page will not publish a release formula. Name a coming sale before the note is written. Without a release, you cannot deliver that property free of the blanket lien.
Same entity on every property, title on each
A blanket note wants one borrower. The same LLC, or the same other business entity, should own every property and sign the note. Title on each has to match that entity and show the liens you already know about. Why investors close in an entity is the LLC note. This desk does not close in your personal name: see they will only close in your personal name.
One house in your personal name, or houses in unrelated entities, usually will not blanket. Moving title is a deed and a lender consent, not a line on the application. You will not occupy any property on the note. A first lien that stays in place often belongs on GAP behind a first lien.
When a portfolio or blanket structure is the wrong tool
It is the wrong tool when you will live in any property, when the request is under the $100k desk floor, when the properties will not sit in one entity, when you must sell one and will not live with a release, or when the group still cannot carry the payment. Adding addresses does not create rent or equity.
A financed-property count is the 10-property cap. A blanket note is not a way to hide properties from that box. A maxed first lien is GAP behind a first lien. One vacant rent figure is DSCR on a vacant rental. A bank that underwrites you, rather than the group, is when the bank says no on a rental. If the file is one rental whose rent can carry a payment, read DSCR versus a bank rental loan.
When a private-money desk can still read the file
Private money can still read the file when the no is the single-asset box, you will not occupy any property, and the same entity can own every property on the note. The loan is business-purpose, at or above the $100k desk floor, with title, debt, and a defensible rent or value on each property, including the weak one. That is a file a desk can read. It is not an approval. Terms vary by lender, property, and borrower entity. Not available in every state. If the group still will not carry the payment, the hold may be an interest-only bridge. A bridge does not become a portfolio or blanket loan. The bridge product itself is bridge loans for LLC investors.
What an investor should bring
- The list. Every property on the note, which entity is on title, and which property is the weak one: rent, equity, or both.
- Entity documents. The LLC or other business that will own all of them and sign the note. This desk does not close in your personal name.
- A rent figure you can defend on each rental. A signed lease or an appraisal rent schedule. A portal printout is not a rent schedule.
- Debt on each property. Who holds it, whether it is paid off at closing, and whether that lender must consent.
- The sale, if one is coming. Which property, and that the note needs a release.
- Unit count, taxes, and insurance. This desk reads 1–4 unit investor files differently from 5+ unit and commercial files. Taxes and insurance sit on each property.
When it works, and when it is a no
It can work when one entity takes title and the loan, you will not occupy any property, the group carries the file without a made-up rent, and a release is written if you may sell one. It is a no when you will live there, when title will not match, when the group still cannot carry the payment, or when the request is under the $100k desk floor.
What this desk is — and is not
The properties can be in any state we can close. We do not publish an office address. This is a national desk, not a city page. Terms vary by lender, property, and borrower entity. Not available in every state. We will not invent a rate, a credit cutoff, a leverage figure, a ratio threshold, or a release percentage.
Business-purpose only. Borrowers close in an entity. If you will live in any property on the note, this site is the wrong desk. We are not a bank, and we are not an NMLS-licensed consumer mortgage lender.
How to put the file here
- Confirm you will not occupy any property on the note. If you will live in one, stop.
- Entity ready to close. An LLC or other business that can take title and the loan on every property. If vesting does not match yet, say what the deeds require.
- The group, as it is. The weak property, the rent or equity problem, the debt on each, and whether a sale needs a release.
- The bank's no, if you have one. Name it. A property count is the 10-property cap. A maxed first lien is GAP behind a first lien.
- Apply. Same intake as the rest of Funded Funding: the application. Apply here if the question is a portfolio or blanket loan because one property cannot carry the file.
Frequently asked questions
Can a lender read several investment properties together when one cannot carry the file?
Yes, on one portfolio or blanket note, when you will not occupy any property and the same entity can own and borrow. The weak property stays on the note. A house you only mention is not collateral. This page does not publish a ratio cutoff.
What does cross-collateral change?
Each property secures the whole debt. A default or a loss on one property can reach the others. Separate loans would have kept that loss on one house.
Can I sell one property if the loan is blanketed across several?
Only if the note has a release and the lender signs it. A buyer does not wipe the lien off. This page does not publish a release formula. Name a sale before the note is written.
Do all the properties have to be in the same entity?
The same LLC or other business entity should own every property and be the borrower, with title on each matching. Mixed vesting usually will not blanket. This desk does not close in your personal name.
When is a portfolio or blanket structure the wrong tool?
When you will live in any property, when the properties cannot sit in one entity, when you must sell one and will not accept a release, or when the group still cannot carry the file. It is also the wrong tool when the real issue is a financed-property count, a maxed first lien, a vacant rent figure, or a request under the $100k desk floor.
What is the minimum to fund, and who closes?
The desk floor is $100k. Files under that are not this desk. Borrowers close in an LLC or another business entity. The loan is business-purpose. If you will live in any property on the note, this site is the wrong desk.
Ready to get funded?
If an LLC can own the group, and you will not occupy the properties, send the file. Name the weak property and any sale that needs a release. No fake funded counts. No stock testimonials. No owner-occupied loans.
Ready to get funded?
Apply on the same intake we use live, or call or text (520) 552-7065.