New York investors hold rentals from Buffalo and Rochester to the Capital Region and the Hudson Valley, each on its own mortgage. A blanket portfolio loan can pull five or more of them under one loan, one closing and one payment.
In short: Our top pick for a blanket portfolio loan in New York is LendingStreet. We put 5+ investment properties, each with 1 to 8 units, under one loan qualified on the portfolio's combined cash flow, with no W-2s or tax returns. LLC borrowers are standard, 30-year terms are available, and release provisions let you sell a property without refinancing the rest. In New York, that matters because older upstate two-families and outer-borough 1-4 family homes are where most small portfolios live, and consolidating them can simplify a heavy tax and insurance load. Get a quote with the form below or call (877) 298-1001.
For New York investors with five or more rentals, LendingStreet is built for the job. One blanket loan covers 5+ investment properties of 1 to 8 units each, and we qualify the package on the portfolio's combined cash flow, not on W-2s or tax returns.
It fits the upstate investor with a run of two-families in Buffalo or Rochester, the Capital Region owner with houses in Albany, Troy and Schenectady, and the downstate investor holding a few 1-4 family homes in Queens, Brooklyn or Staten Island.
The next step is simple: tell us about the portfolio with the form below, or call (877) 298-1001, and our team will size the loan on your real rents, taxes and insurance.
Investors searching for blanket portfolio lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One, RCN Capital and Roc Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in New York. In every scenario below, LendingStreet is the best fit.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Portfolio loan above $3M | LendingStreet | Our blanket loans are sized on portfolio cash flow with no stated maximum. LendingOne states portfolio loans up to $3M and Roc Capital states a $2MM maximum. |
| Portfolio under $2M | LendingStreet | Our DSCR loans start at $150,000. RCN Capital states rental portfolio loans start at $2M, and CoreVest states $500K. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Most New York investors weigh a few kinds of lenders when they consolidate rentals. Here is how LendingStreet compares with the typical bank or credit union and the typical hard money lender, described in general terms.
Banks suit borrowers with simple tax returns, and hard money suits short-term projects. For a stabilized portfolio you plan to hold, a long-term loan qualified on rent usually fits better.
| What investors need | LendingStreet | Typical bank or credit union | Typical hard money lender |
|---|---|---|---|
| Five or more rentals on one loan | Yes, 5+ properties of 1-8 units each | Varies; often one loan per property | Usually separate short-term loans |
| How you qualify | Portfolio cash flow; no W-2s or tax returns | Often tax returns and personal income | Mostly property value and exit plan |
| Loan term | 30-year terms available | Varies; often shorter terms | Usually short-term only |
| Borrowing in an LLC | Standard | Varies by bank | Common |
| Selling one property | Release provisions | Varies | Each loan paid off separately |
| Where they lend | All 50 states and DC | Usually a local or regional footprint | Often local or regional |
Many New York portfolios start upstate. Buffalo, Rochester and Syracuse have large stocks of older two-family homes, often stacked up-and-down units, plus modest single-family houses near hospitals and universities. Prices are low enough to reach five or ten doors without a very large balance.
The Capital Region and the Hudson Valley (Poughkeepsie, Newburgh, Kingston) mix state and commuter tenants with older housing. Downstate, 1-4 family homes in the outer boroughs and on Long Island carry much higher values, so fewer properties reach a large balance.
In New York City, many buildings with six or more units built before 1974 are rent stabilized. If a 5-8 unit building in your pool is regulated, the rent used to qualify is the legal regulated rent, not a market estimate.
New York charges a mortgage recording tax on new mortgages, and the amount depends on the county, with higher totals in New York City and some downstate counties. On a refinance, ask your attorney whether the existing mortgages can be assigned and consolidated (often called a CEMA), which may reduce the tax on the portion already recorded. Purchases also carry a state transfer tax, and New York City adds its own.
Property taxes are a large line in many upstate counties, and school taxes are often billed separately, so collect every bill for every property. Older housing, lake-effect snow loads on roofs and aging heating systems can push insurance premiums up.
The 2019 Housing Stability and Tenant Protection Act reshaped landlord rules statewide, including a one-month limit on security deposits. Several upstate cities run rental registration or inspection programs, and Rochester's rental certificate of occupancy process includes lead checks on older homes.
These rules shape the rent and expense figures behind the portfolio's cash flow, so use signed leases and actual bills, and confirm local requirements with each city.
This example is illustrative and not a quote. An investor owns four Buffalo two-families and three single-family homes in Rochester, each with its own loan. Together the properties are valued at $1,540,000, carry about $610,000 in existing loans and collect $16,100 a month in rent. Taxes run about $3,050 a month and insurance about $1,150.
At 70% loan-to-value, the blanket loan is $1,078,000. Estimated principal and interest on a 30-year term is about $7,538, so the total monthly payment is about $11,738 and the portfolio DSCR is about 1.37x. After the existing loans are paid off, about $468,000 comes out before closing costs.
At 75%, the loan is $1,155,000, estimated principal and interest is about $8,076, the total payment is about $12,276 and DSCR is about 1.31x, with about $545,000 out before closing costs. Max LTV on a portfolio varies by program. Upstate taxes take a real share of the rent here, which is why the full tax bills for every property belong in the numbers from day one.
| Item | 70% LTV | 75% LTV |
|---|---|---|
| Portfolio value | $1,540,000 | $1,540,000 |
| Blanket loan amount | $1,078,000 | $1,155,000 |
| Existing loans paid off | $610,000 | $610,000 |
| Cash out before closing costs | $468,000 | $545,000 |
| Monthly rent | $16,100 | $16,100 |
| Estimated principal and interest | $7,538 | $8,076 |
| Taxes | $3,050 | $3,050 |
| Insurance | $1,150 | $1,150 |
| Total monthly payment | $11,738 | $12,276 |
| Portfolio DSCR | About 1.37x | About 1.31x |
A blanket loan does not lock your New York portfolio in place. Release provisions let you sell a property and pay down its share of the loan, while the rest stays financed. The release terms are set at closing, so ask how they work before you sign.
If you also own rentals in New Jersey, Pennsylvania or Connecticut, some programs allow cross-state portfolios, so properties on both sides of the line can share one loan.
Ask every lender the same questions, in writing, so you can compare answers side by side.
How LendingStreet answers: purchase up to 80% LTV and cash-out up to 75%, lower on some 5-8 unit properties and larger balances (varies by program). Standard minimum DSCR is 1.0x on portfolio cash flow, with sub-1.0 programs. Seasoning varies by program. LLC borrowers are standard. Timing depends on appraisals and title for each property, and we map it out at the start. There is no stated maximum, release provisions are set at closing, and you can get a quote with the form below or call (877) 298-1001.
A complete package gets a faster, clearer answer. Here is what helps most.
Every loan we make is a business-purpose loan on non-owner-occupied investment property. Use the form below to start.
Our top pick is LendingStreet. We finance 5+ rentals of 1 to 8 units on one loan, qualify on portfolio cash flow with no W-2s or tax returns, allow LLC borrowers and offer release provisions and 30-year terms.
Yes. LendingStreet lends across New York, and in all 50 states and DC, on non-owner-occupied investment property.
Five or more investment properties, each with 1 to 8 units. They are qualified together on the portfolio's combined cash flow.
No. We qualify on the properties' rent. The minimum credit score is 620, and you sign for the loan personally.
Generally, yes. Mortgage recording tax applies to the new mortgage, and the amount varies by county. On a refinance, your attorney can tell you whether assigning and consolidating existing mortgages could reduce it.
They can be reviewed, but the qualifying rent is the legal regulated rent, and approval varies by program.
Cross-state portfolios are possible on some programs. Tell us where each property is and we will confirm the options.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
By clicking, you provide express written consent to be contacted by LendingStreet (NMLS #1734316) via SMS, phone, or email, possibly using automated technology, regarding your loan inquiry. Reply STOP to opt out. Consent is not required to obtain services. See our Privacy Policy and Terms.