Multi-unit financing - 205 or 25% down??
1 Reply
Kyle Scully
posted 6 months ago
Finalizing a deal for a 6-unit property in upstate NY. Are there commercial lenders offering 20% down? If yes, what does it take to get 20% vs 25%? (i.e. credit scores, income, building revenue etc etc...)
Adah None
Investor from Atlanta, GA
replied 6 months ago
The commercial lenders I spoke to wanted more than 25% down and shorter term.