I own 22 properties in one neighborhood free and clear except for 2. I need a blanket loan to cover all outstanding debts?

What is the total amount needed?

Your far better off encumbering only enough properties to secure the debt, and assuming you qualify, you should consider conventional financing.. it will be a pain in the but since you will have to provide supporting documentation on each property you own even if you're not financing them all. But the benefit will be that you get the best rate and terms. Using a commercial lender or hard money lender will go much quicker, however you will pay a much higher rate and fees.. but regardless, you have many options available to you.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

William Acres gives a good recommendation to explore your options before doing a blanket loan to cover all debt or even go for any hard money loan. There are lendersthat could give you better terms in just exploring funding the two properties, perhaps.The loan amount certainly will make a difference in the choices available to you.We lend in California only though I have an associate in Florida I refer borrowers toif you wish.