I just opened a contract on a 4plex. All the lenders I talk to want 25% down. Anyone know about getting a loan on a property like this? Can I do it for less than 25% down?
I am a loan originator for Global Equity Lending. I work with 248 lenders and can work with credit scores of 500 or better. I can do 20% or less. For more info contact me at [email protected] or call me at 214-392-4584
There are 100% investor loans available for one to four unit purchases you can do full doc, stated, stated-stated. The lenders will allow 2 to 3% of the purchase price to go towards buyers closing costs al well.
Did you know that because this is considered commercial property there is a way for you to originate your own loan on this property and get paid to do it?
If your interested contact me at [email protected] send me your phone number and let me know a good time and I'll call you.