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Updated almost 6 years ago on . Most recent reply

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2,215
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Shawn Mcenteer
  • Realtor
  • Boonton Township, NJ
976
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2,215
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Purchased property with cash looking to mortgage it

Shawn Mcenteer
  • Realtor
  • Boonton Township, NJ
Posted

My wife and I purchased our second multi family using private funds this past December (been in property for 8 months). We renovated and are looking to mortgage property to pay private funds pack. We are owner occupying property. The issue we are having is most loans we are being offered are 75-80% LTV. Does anyone know of recommendations for 90% LTV in this scenario?

other MFR has 50% LTV and fully rented

  • Shawn Mcenteer
  • 9739753895
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House Hacking New Jersey
5.0 stars
56 Reviews

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