Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

19
Posts
8
Votes
Gerardo Ali
  • Rental Property Investor
  • Tacoma
8
Votes |
19
Posts

Loans for multi family in East Coast

Gerardo Ali
  • Rental Property Investor
  • Tacoma
Posted

I am fairly new to the east coast but looking to buy 4plex or more, however being new in investing and in the area, was curious if there is a bank/loan agency that would give loans for multiple states? Any suggestions from people/companies that you’ve used?

Most Popular Reply

User Stats

585
Posts
434
Votes
Eric Veronica
  • Lender
  • Cleveland, OH
434
Votes |
585
Posts
Eric Veronica
  • Lender
  • Cleveland, OH
Replied

@Gerardo Ali will you be occupying the property and what state?

If you are relocating you may be able to use a Homepossible loan and get into a 4 unit with as little as 5% down. This program allows you to use proposed rent as qualifying Income and the interest rates are as good or better than you would get for a traditional SFR purchase.

Loading replies...